T Morning News | OpenAI raises $122 billion; Intel spends $14.2 billion to repurchase Irish factory; Multiple Radish Express vehicles in Wuhan halt operations

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OpenAI raises $122 billion

On March 31 local time, OpenAI announced it had completed the latest round of financing, securing committed capital of $122 billion. The post-money valuation is $852 billion. This round of financing provides guaranteed funding from several investors, including OpenAI’s strategic partners Amazon, NVIDIA, and SoftBank. Long-term partner Microsoft (Microsoft) continued to participate; SoftBank, together with a16z, D.E. Shaw Ventures, MGX, TPG, and accounts with T. Rowe Price Associates serving as the investment advisor, jointly led the investment.

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