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FROM SRN NEWS

OpenAI secures $11 billion funding at $1.25 trillion valuation, Bloomberg News reports

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Nov 6 (Reuters) – OpenAI has closed on new funding of $11 billion, the initial part of a round that values the company at $1.25 trillion, Bloomberg News reported on Friday, citing people familiar with the matter.

(Reporting by Prathik Jayaprakash in Bengaluru; Editing by Leroy Leo)

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SRN News — View the original story at SRNNews.com.

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