In a new blog post, OpenAI warns towards “unauthorized alternatives to achieve publicity to OpenAI by means of quite a lot of means,” together with particular function automobiles, often known as SPVs.

“We urge you to watch out in case you are contacted by a agency that purports to have entry to OpenAI, together with by means of the sale of an SPV curiosity with publicity to OpenAI fairness,” the corporate writes. The weblog submit acknowledges that “not each provide of OpenAI fairness […] is problematic” however says corporations could also be “making an attempt to bypass our switch restrictions.”

“If that’s the case, the sale is not going to be acknowledged and carry no financial worth to you,” OpenAI says.

Traders have more and more used SPVs (which pool cash for one-off investments) as a way to buy into hot AI startups, prompting different VCs to criticize them as a car for “vacationer chumps.”

Enterprise Insider reviews that OpenAI isn’t the one main AI firm trying to crack down on SPVs, with Anthropic reportedly telling Menlo Ventures it should use its personal capital, not an SPV, to put money into an upcoming spherical.