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OpenAI Valuation Hits $1.25 Trillion in New Funding Round

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OpenAI’s valuation has reportedly reached $1.25 trillion, $50 billion less than the company had initially targeted. The valuation came as the artificial intelligence startup closed on new funding of $11 billion, a source familiar with the matter told Reuters Friday (Nov. 6). That figure represents just part of OpenAI’s initial goal of $30 billion, while […]

The post OpenAI Valuation Hits $1.25 Trillion in New Funding Round appeared first on PYMNTS.com .

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