OpenAI is reportedly close to finalizing $100 billion funding round

OpenAI is nearing completion of a massive $100 billion funding round that would value the AI company at over $850 billion, more than doubling its previous record $40 billion raise from March. Major investors include Amazon ($50 billion), SoftBank ($30 billion), Nvidia ($20 billion), and Microsoft, as the company prepares for a potential IPO later this year.