OpenAI cuts funding target by $10 billion: FT
SynopsisAI startup OpenAI has slashed the target for its latest funding round by $10 billion and is now seeking to raise $20 billion at a $1.25 trillion valuation, the Financial TimesListen to this article in summarized…
Synopsis
AI startup OpenAI has slashed the target for its latest funding round by $10 billion and is now seeking to raise $20 billion at a $1.25 trillion valuation, the Financial TimesListen to this article in summarized format
AI startup OpenAI has slashed the target for its latest funding round by $10 billion and is now seeking to raise $20 billion at a $1.25 trillion valuation, the Financial Times reported on Friday, citing people with knowledge of the matter.The company had said it was aiming to raise $30 billion at a $1.4 trillion valuation last month. Add as a Reliable and Trusted News Source Add Now!
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Figures reflect the source report and its stated period. This article is for information and is not investment advice.
