OpenAI slashes funding target by $10bn as tech anxieties mount

🌐 Financial Times (United Kingdom) —

AI Summary

OpenAI has lowered its fundraising target by $10 billion and is now seeking about $20 billion at a reported $1.25 trillion valuation. The move comes as technology-sector anxieties mount and the company tempers its ambitions.

ChatGPT maker is now seeking about $20bn at a $1.25tn valuation as it tempers its ambitions

Markets Deals AI & Tech OpenAI fundraising valuation artificial intelligence technology sector investor sentiment

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