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OpenAI Secures Additional $10B Funding

TL;DR AI

Key summary

2 min read
  1. OpenAI is raising an additional $10 billion, openAI is raising an additional $10 billion from investors as part of its funding round.

  2. OpenAI CFO said the fundraise totals north of $120 billion, the firm's CFO said the total fundraise is north of $120 billion in an interview on Mad Money.

  3. Investors are participating in the $10 billion commitment, andreessen Horowitz, D.E. Shaw Ventures, MGX, TPG and T. Rowe Price are listed as participants.

  4. CNBC reported the funding news, cNBC reported the additional $10 billion raise.

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