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Sam Altman: No April Fool — OpenAI Closes Massive $40B Capital Raise!!!

  • OpenAI has closed a massive $40B capital raise, marking a significant milestone in the AI Race.
  • The fundraising demonstrates the important role of mega funds and syndicates in supporting large-scale investments in AI.
  • This development highlights the growing significance of AI as an investment thesis.
  • The fundraising comes in the wake of consolidation by competitors, resulting in a significant threat to OpenAI's language models.

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