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OpenAI Secures $40B in Historic Funding Round — But There’s a $10B Catch

OpenAI, the company behind ChatGPT, has just completed the largest private tech funding round in history — raising $40 billion at a $300 billion valuation. The deal, led by Japan’s SoftBank with backing from Microsoft and other investors, solidifies OpenAI as one of the world’s most valuable private companies, trailing only SpaceX and rivaling TikTok’s parent company, ByteDance. A historic…