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flag OpenAI raises $40 billion, boosting its value to $300 billion to expand AI for ChatGPT's users.

flag OpenAI, the company behind ChatGPT, has raised $40 billion in funding, valuing it at $300 billion, the largest ever for a startup. flag The investment, led by SoftBank, will help expand AI research and infrastructure for ChatGPT's 500 million weekly users. flag OpenAI also plans to develop a more open AI model to address competition from rivals like Meta and DeepSeek and to ease concerns over data security.

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