OpenAI investors have approached the company about a new funding round

OpenAI is gearing up for what is widely expected to be a blockbuster IPO next year, after it confidentially filed its prospectus in June.
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Why it mattersAs AI infrastructure accelerates energy demand in key states, this framework lets regulators prevent utilities from passing soaring costs onto households—balancing innovation incentives with consumer protection.
The bipartisan legislation would create a regulatory framework states could adopt to prevent data center-related energy costs from being passed on to consumers.