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OpenAI said to raise funding round with $340b valuation

OpenAI is in discussions for a funding round that may value the AI company at up to US$340 billion, according to the Wall Street Journal.

The report did not specify the potential investors or the size of the investment.

OpenAI, known for developing AI models like ChatGPT, has attracted considerable investor interest amid rapid advancements in AI technologies.

Recent OpenAI developments

Timeline
29-Jan-2025 🤖 OpenAI unveils ChatGPT Gov for US gov’t agencies
  • OpenAI launches ChatGPT Gov for US agencies
  • Features similar to ChatGPT Enterprise available
29-Jan-2025 📚 OpenAI requests Indian court to dismiss copyright lawsuit
  • OpenAI seeks dismissal of copyright lawsuit in India.
  • Publishers claim ChatGPT uses unlicensed book extracts.
24-Jan-2025 🏗️ OpenAI, Oracle build Trump’s $100b AI data center in Texas
  • New data center under construction in Texas
  • 57 jobs expected with average salaries of $57,600
23-Jan-2025 ⚖️ OpenAI tells India court data deletion breaches US law
  • OpenAI opposes ANI’s request to delete data.
  • US law mandates preserving training data amid litigation.
22-Jan-2025 💼 OpenAI CFO addresses Musk’s legal actions
  • Musk criticizes OpenAI’s profit shift.
  • Friar defends funding needs for AI development.
19-Jan-2025 🚀 OpenAI prepares to roll out o3 mini AI model

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