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OpenAI is in talks for an investment round to raise nearly $40 billion that would value the AI startup at up to $340 billion, ...

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OpenAI is seeking to raise up to $40 billion in new funding at a valuation of $340 billion, the Wall Street Journal reported ...

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Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls.

Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.