🔥 🚀 JUST IN: OpenAI closes an $11 Billion funding round at a $1.25 Trillion valuation, per Bloomberg.

The company is still seeking another $9 Billiion, potentially bringing the total raise to $20 BILLION.

The funding comes as investors grow more selective about massive AI spending, with rival Anthropic also preparing for a potential trillion-dollar IPO. 👀
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