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2024-09-12 08:52:00
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OpenAI Plans to Raise $6.5 Billion, Valuation Soars to $150 Billion
OpenAI is in funding talks to raise $6.5 billion, aiming for a $150 billion valuation, supported by a $5 billion revolving credit facility from banks. The high valuation stems from the success of ChatGPT, solidifying OpenAI's position as a key player in AI, backed by Microsoft and led by Sam Altman.....