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▲ metalspot an hour ago

This would by my question. Why do they need money at all after just raising 9 months ago?

But none of these numbers are real. Softbank and MGX are re-arranging the deck chairs between OpenAI and Stargate so the actual new outside money here indicates very weak demand.

This is a press release to try to anchor the valuation but it doesn't seem like a lot of people are buying that.