OpenAI's potential $100 billion funding round, valuing the company at $850 billion, signals strong investor confidence in AI despite rising costs and competition. This comes as OpenAI and Anthropic aggressively expand into India, a rapidly growing AI market. The rivalry between OpenAI's Sam Altman and Anthropic's Dario Amodeo was visible at the India AI Impact Summit. OpenAI is investing heavily in India, opening offices in Mumbai and Bangalore, partnering with Tata Group for AI compute capacity, and offering a cheaper subscription tier. India is OpenAI's second-largest market, with over 100 million weekly users, predominantly young and using the platform for work-related tasks, especially coding.
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