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OpenAI Nears Completion of $6.5 Billion Funding Round with $250 Million Minimum
Sep 19, 2024, 10:18 PM
OpenAI's latest fundraising round is nearing completion, with the company set to decide on Friday which investors will be allowed to participate in the $6.5 billion funding. The round has seen overwhelming demand, leading OpenAI to set a minimum investment requirement of $250 million. Despite the high interest, the ChatGPT developer has had to turn down billions of dollars in potential investments as the round was oversubscribed.
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