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OpenAI secures $11 billion in funding at $1.25 trillion valuation, Bloomberg reports

OpenAI has closed on $11 billion in new funding, the initial part of a round valuing the company at $1.25 trillion, Bloomberg News reported Friday, citing people familiar with the matter.

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OpenAI has closed on new funding of $11 billion, the initial part of a round that values the company at $1.25 trillion, Bloomberg News reported on Friday, citing people familiar with the matter.

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