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Defense Department awards $200M contract to OpenAI

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OpenAI has been selected for a $200 million contract from the Defense Department.

The one-year contract is designed to use artificial intelligence "to address critical national security challenges in both warfighting and enterprise domains," according to Defense Department officials.

OpenAI officials say the contract is the first agreement in the OpenAI for Government initiative that includes the existing ChatGPT Gov product.

Read more from CNBC.

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