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1 25 Trillion Valuation

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OpenAI raises $11 billion so far toward funding round valuing it at $1.25 trillion

OpenAI has secured $11 billion in a new funding round that values the company at $1.25 trillion, according to Bloomberg sources. The round hasn't closed yet and is expected to reach roughly $20 billion in the coming weeks, falling short of the $30 billion target Bloomberg reported OpenAI was pursuing in September.