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$40B into the furnace: As OpenAI adds a million users an hour, the race for enterprise AI dominance hits a new gear

  • OpenAI secures $40 billion funding round, led by SoftBank, raising its valuation to $300 billion.
  • With the substantial investment, OpenAI gains staying power in the competitive enterprise AI market.
  • The company announces 500 million weekly active users and plans to enhance AI tools, including ChatGPT.
  • The funding will support AI research, computational infrastructure, as well as the Stargate project for AI infrastructure development.

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