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OpenAI is reportedly accelerating the completion of a roughly $30 billion funding round, with valuation potentially exceeding $1.4 trillion

Odaily reports that OpenAI is accelerating a funding round of approximately $30 billion, after which the company's valuation could exceed $1.4 trillion.

Reports indicate that OpenAI aims to complete this funding round before competitor Anthropic's anticipated initial public offering (IPO) in mid-November. The funding has not yet been officially finalized, and specific terms remain uncertain. (Cointelegraph)