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OpenAI Secures .6 Billion Funding Boost for Generative AI Leadership

OpenAI Secures $6.6 Billion Funding Boost for Generative AI Leadership

OpenAI has successfully raised $6.6 billion in funding, valuing the company at $157 billion. This significant capital boost will enhance its efforts to develop leading generative AI technology. Additionally, OpenAI secured a $4 billion credit line from global banks, giving it over $10 billion in resources. Bloomberg's Rachel Metz discussed the news with Caroline Hyde and Ed Ludlow on "Bloomberg Technology."

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