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OpenAI is in preliminary discussions to raise tens of billions in funding, aiming for a valuation of $750 billion. The details of these talks may change, and OpenAI has not provided comments on the report.
OpenAI's leadership is concerned about investor opposition to its proposed for-profit restructuring, which is crucial for securing $19 billion in funding and future fundraising efforts. The current nonprofit structure is seen as a barrier to attracting investments necessary for ambitious AI projects.