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OpenAI $122B Funding Round
Description
OpenAI closed a $122B funding round at an $852B post-money valuation, led by SoftBank, a16z, and D.E. Shaw. Key investors include Amazon ($50B), Nvidia ($30B), and SoftBank ($30B). ChatGPT now has 900M+ weekly active users and $2B in monthly revenue, though OpenAI remains unprofitable and is scaling back some products including its Sora video app.
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