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OpenAI announced that its ChatGPT weekly active users have reached 900 million, just one step away from the 1 billion mark, with paid users now totaling 50 million. The company expects user growth to accelerate in early 2025. Meanwhile, OpenAI also announced the completion of a $110 billion private placement, one of the largest private financings in history, which includes Amazon's $50 billion investment and investments of $30 billion each from Nvidia and SoftBank, with a pre-financing valuation of up to $730 billion.