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OpenAI has raised $11 billion in new funding at a $1.25 trillion valuation, according to a Watcher.Guru report. The round ranks among the largest private fundraises on record and cements the ChatGPT maker's status as one of the most valuable private companies globally. The capital is expected to support OpenAI's continued buildout of AI models and computing infrastructure amid intensifying competition. The valuation marks a sharp step-up from prior rounds and underscores investor appetite for leading AI platforms. What to watch next: how the funds are allocated across compute, talent and product expansion, and whether the valuation holds in subsequent rounds.

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