TLDR · MISCELLANEOUS

OPENAI DISCUSSED FUNDING AT $750 BILLION VALUE

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Summary from the TLDR newsletter

OpenAI has held preliminary funding talks with investors to raise tens of billions of dollars at a valuation of $750 billion. The yet-to-be-profitable startup plans to spend trillions on infrastructure to support the development of AI technology. It has raised billions in recent years at ever-larger valuations. The startup was most recently valued at $500 billion in the fall.