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OpenAI Secured Record Breaking $122 Billion in Funding Round
- Key Takeaways: OpenAI finalized the largest funding round in Silicon Valley history, they secured $122 billion in commitments at a post valuation of $852 billion. The round was led by Amazon ($50 billion), NVIDIA ($30 billion), and SoftBank ($30 billion), with participation from Microsoft and VC firms. The capital will be used to expand AI infrastructure, develop custom chips with Broadcom, and build the generation ...

Source: techiexpert.com