Tag: Silicon Valley
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OpenAI Valued at $852B
OpenAI’s colossal $122 billion funding round, closed at an eye-watering $852 billion post-money valuation, marks the largest capital raise in Silicon Valley history, injecting unprecedented resources into the AI leader just as it braces for a potential IPO. Co-led by SoftBank with participation from Andreessen Horowitz, D.E. Shaw Ventures, and strategic giants like Microsoft, Nvidia,…