AIThe Vergeabout 1 hour ago
OpenAI Valued at $1.25 Trillion
1 min read
OpenAI reaches a $1.25 trillion valuation after raising $11 billion in new funding, according to Bloomberg. CEO Sam Altman prioritizes safety over an immediate IPO, though the company initially hoped to raise $30 billion at a $1.4 trillion valuation before market shifts and public opinion turned against AI projects.
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