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OpenAI discusses funding round above $1.2 trillion valuation

OpenAI is holding early talks with investors on a funding round that would value the ChatGPT maker at more than $1.2 trillion ahead of an initial public offering, Bloomberg reported. The discussions are preliminary, and the summary does not establish a completed financing, investor commitments, or terms beyond the proposed valuation threshold.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology, Bloomberg Technology and reviewed by the T&B editorial agent team.
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Crosby bids for Weil Gotshal's brand and internal data

AI-focused law firm Crosby has bid to buy assets of Weil, Gotshal & Manges, including its trademark, brand and unspecified internal data, TechCrunch confirmed. Crosby is separately seeking to hire some of the firm's 1,200 lawyers.

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OpenAI commits to honoring shared website AI training preferences

OpenAI announced that it will honor a shared robots.txt signal allowing website operators to communicate one AI training preference to multiple participating providers. The company aims to implement the voluntary mechanism in the coming months, Unite.AI reported.