OpenAI raises $122B at $852B valuation

Chief Marketing Officer Kate Rouch is stepping down to focus on recovering from cancer, and Fidji Simo, who leads artificial general intelligence (AGI) development, is taking medical leave for health reasons.
Despite these changes, OpenAI just landed $122 billion in funding at a massive $852 billion valuation and is pushing new revenue ideas like ads in ChatGPT.
The company is also facing tough competition from Google and Anthropic, but it says it is committed to growing its global user base and advancing AI research.

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