OpenAI nears $100B+ funding round, the largest startup raise ever

OpenAI is close to finalizing the first phase of a funding round that will bring in more than $100B, giving the ChatGPT maker additional capital to build out AI infrastructure. The deal would be the largest private funding in history. The raise comes as OpenAI simultaneously expands globally through its "OpenAI for India" initiative, partnering with Tata Group on a 100MW-to-1GW data center, embedding ChatGPT Enterprise across Tata's workforce, and inking deals with Indian universities and fintech firm Pine Labs.

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