OpenAI set to raise about $10 billion from MGX, Coatue, Thrive

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OpenAI is nearing a deal to raise about $10 billion from venture investors, lifting its latest funding round to roughly $120 billion. Backers include MGX, Coatue Management, Thrive Capital, and Altimeter Capital. The deal would support its push for computing power and talent, marking its largest funding round yet.