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OpenAI Just Raised $11 Billion at a $1.25 Trillion Valuation, Below the $1.4 Trillion It First Sought

“OpenAI got its money, but not on the terms it wanted, and the gap between its growth story and investor appetite is landing on two giants. One faces a bookkeeping hit, the other a deeper dependency on the funding flow.”

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OpenAI got its money, but not on the terms it wanted, and the gap between its growth story and investor appetite is landing on two giants. One faces a bookkeeping hit, the other a deeper dependency on the funding flow.
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