"It's basically a giant chocolate-glazed donut cake...."
INGREDIENTS
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1 tablespoon butter, at room temperature
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3 cups all-purpose flour, plus 2 tablespoons for the pan
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1 3/4 cups granulated sugar
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1 1/2 teaspoons baking powder
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3/4 teaspoon salt
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4 large eggs
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3/4 cup canola oil, or melted and cooled, unsalted butter
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1 cup whole milk or alternative milk
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1 tablespoon vanilla extract
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3/4 cup semisweet chocolate chips
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1/4 cup heavy cream
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1/8 teaspoon salt
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Rainbow sprinkles (optional)