OpenAI has closed a mega funding round of as much as $110 billion, taking the company’s valuation to $730 billion. The financing is dominated by strategic investors. Nvidia and SoftBank have each pledged $30 billion, to be released in tranches, while Amazon will put in $15 billion initially with another $35 billion contingent on a public listing or the achievement of artificial general intelligence (AGI) milestones, according to a Financial Times report.
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