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OpenAI raises $15 billion at a $1.25 trillion valuation, CNBC reports

OpenAI has raised $15 billion in its latest funding round at a $1.25 trillion valuation, CNBC's David Faber reported Thursday, citing people familiar with the matter. The total builds on a roughly $11 billion first tranche that closed Nov. 6 at the same valuation, and comes after the company had sought as much as $30 billion. The round is seen as a step toward an initial public offering expected in 2027.

Source: CNBC

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