OpenAI valued at $852B after $122B round

OpenAI has successfully closed a significant funding round, securing $122 billion and achieving a valuation of $852 billion. This substantial capital infusion is earmarked to fuel the company's ambitious expansion plans, which include acquiring more advanced chips, expanding data center capacity, and attracting top-tier talent. The investment underscores OpenAI's aggressive strategy to maintain its leadership in the rapidly evolving artificial intelligence landscape and support its ongoing research and development efforts.