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OpenAI secures $11 billion funding at $1.25 trillion valuation, Bloomberg News reports - AOL.com

By Google News AI ·

Nov 6 (Reuters) - 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.

(Reporting by Prathik Jayaprakash in Bengaluru; Editing by Leroy Leo)

Originally published by Google News AI