OpenAI is in talks to raise $40 billion in new funding
Online reports that the Wall Street Journal quoted people familiar with the matter as saying that ChatGPT maker OpenAI is in early talks with investors to raise $40 billion in a new round of financing. The new financing will value the artificial intelligence (AI) giant to US$340 billion. This could bode well for AI-related cryptocurrencies, as OpenAI's valuation nearly doubled after the rise of rival DeepSeek lifted the industry out of some bubbles, which will bring some confidence to the industry.
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