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ChatGPT has a new vanity domain name, and it may have cost $15 million

Speculator swapped pricey domain for OpenAI shares instead of taking cash payment.

As The Verge's Kylie Robison points out, Shah originally bought the domain to promote conversational interfaces. While it's possible that OpenAI handed over around $15 million of stock for the new domain, a multimillion-dollar purchase is a drop in the bucket for an AI company that raised $6.6 billion. In February of this year, Altman made the news for reportedly being in talks to raise an astounding $7 trillion for AI chip fabrication in various locations around the world.

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