OpenAI secures additional funding of 11 billion dollars

OpenAI has reportedly closed a deal to secure additional funding of 11,000,000,000 dollars. This investment is part of a new funding round aimed at raising a total of approximately 20,000,000,000 dollars. The latest figure is a reduction from the initial target of 30,000,000,000 dollars set in September.

The expected valuation of OpenAI is around 1.25 trillion dollars. The funding activities of both OpenAI and Anthropic have become significant topics recently, especially as both companies have not yet gone public. This comes amid concerns over AI investments and U.S.