OpenAI CFO says the company plans to raise over USD 120bln

OpenAI's CFO announcing plans to raise over $120 billion signals significant capital initiatives, likely targeting expansion or R&D efforts. This substantial funding could influence sector dynamics, particularly for software and tech, and may attract attention from investors considering the implications for Microsoft and other tech giants as partners or competitors. Expect volatility across equities and implications for investor sentiment in the broader tech landscape.