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OpenAI is pursuing a new funding round targeting $30 billion at a $1.25 trillion valuation, according to reporting. If the round closes at that valuation, it would surpass all previous private company valuations on record.
The move comes as OpenAI prepares for an eventual initial public offering. The company has grown rapidly since the launch of ChatGPT and has become central to the AI race among major tech firms and venture-backed startups.
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