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  1. 23 Oct
    OpenAI reportedly seeking up to $30B private raise at $1.25T valuation

    Reports say OpenAI is close to securing a new private funding round of up to $30 billion at a $1.25 trillion pre-money valuation led by Coatue and investors in the UAE. The round is being pursued ahead of a planned IPO and may include deals to secure more compute capacity from UAE partners, sources told CNBC and Bloomberg.

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