In a document resembling an IPO prospectus, OpenAI indicated that its close relationship with Microsoft could pose a potential risk to its business. The company informed investors that the software giant provides a "significant portion of its funding and computing resources."

This financial document was presented to potential investors during OpenAI's recent record-breaking funding round. It includes dedicated sections for "transaction-related risks" and "business-related risks."

Last month, OpenAI announced it had secured $110 billion in funding from strategic partners including Amazon, NVIDIA, and SoftBank. According to informed sources, the company is collaborating with partner banks to raise an additional $10 billion in committed capital from a broader investor base. The anonymous sources indicated this portion of funding is expected to be finalized by the end of March.