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742 OpenAI closes $10B funding round as enterprise AI spending hits record highs

Silicon Canals
Lachlan Brown @ Silicon Canals · 02/27/2026 06:18 EDT

OpenAI closes $10B funding round as enterprise AI spending hits record highs

OpenAI has closed a $10 billion funding round at a $300 billion valuation, the largest private capital raise in history, as global enterprise AI spending surges past record levels and competition intensifies across every major market.

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