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New funding to build towards AGI

OpenAI raises $40B at a $300B valuation to expand AI research, scale compute infrastructure, and develop further capabilities for its 500 million weekly ChatGPT users.

Mar 31 · · primary fetch1 sourceupdated Mar 31 ·

Today we’re announcing new funding—$40B at a $300B post-money valuation, which enables us to push the frontiers of AI research even further, scale our compute infrastructure, and deliver increasingly powerful tools for the 500 million people who use ChatGPT every week.

read full article on openai.com
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