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OpenAI has announced one of history's largest private funding rounds, securing a staggering $400 billion. This investment catapults the company's valuation to an astounding $3 trillion. Led by SoftBank Group, the round also included participation from early investors such as Microsoft, Coatue, Altimeter, and Thrive. Image Note: Image generated by AI, image licensing provider Midjourney. In OpenAI's official blog post, the company stated that this new capital will enable them to...

Bloomberg reports that OpenAI is nearing a $400 billion funding agreement led by SoftBank, potentially valuing the company at $3 trillion. This would be the largest funding round in the AI industry, marking a significant milestone for OpenAI and highlighting the rapid growth and investor interest in the sector. Participants include SoftBank Group, Magnetar Capital, Coatue Management, and Founders Fund.