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Maroc Maroc - THESTAR.COM.MY - Tech - 14/Sep 00:34

Exclusive-OpenAI's stunning $150 billion valuation hinges on upending corporate structure, sources say

(Reuters) - OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter, who said its $150 billion valuation will be contingent on whether the ChatGPT-maker can upend its corporate structure and remove a profit cap for investors. Read full story

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