Summary
OpenAI, still a private company, has reportedly raised $122 billion in a monster fundraise, including $3 billion from retail investors. This latest funding round, led by Amazon, Nvidia, and SoftBank, now values the AI lab at an astounding $852 billion as it nears an IPO.
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Explore related coverage about startup launch and adjacent AI developments: Elon Musk’s xAI faces child porn lawsuit from minors Grok allegedly undressed, Jensen Huang just put Nvidia’s Blackwell and Vera Rubin sales projections into the $1 trillion stratosphere, OpenAI releases a new safety blueprint to address the rise in child sexual exploitation, Anthropic ups compute deal with Google and Broadcom amid skyrocketing demand.
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