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OpenAI is in talks to raise $40 billion in new funding

ChatGPT maker OpenAI is in early talks with investors to raise $40 billion in a new round of funding that would value the artificial intelligence (AI) giant at $340 billion, according to the Wall Street Journal, citing people familiar with the matter. This could bode well for artificial intelligence-related cryptocurrencies, as OpenAI's valuation nearly doubled after the rise of rival DeepSeek lifted the industry out of some bubbles, which should give the industry some confidence.