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962 OpenAI closes $40 billion funding round, becoming the most valuable private company in history

Silicon Canals
Christian Kelly @ Silicon Canals · 02/26/2026 08:20 EDT

OpenAI closes $40 billion funding round, becoming the most valuable private company in history

OpenAI has closed a $40 billion funding round at a $300 billion valuation — the largest private raise in history. But behind the staggering numbers lies a deeper story about how perceived inevitability becomes the real competitive moat.

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