OpenAI Cuts Funding Target by $10 Billion as Investor Jitters Shake AI Markets
By PYMNTS
Source excerpt · PYMNTS
OpenAI has cut the target for its current funding round from $30 billion to $20 billion amid investor concerns about the artificial intelligence market, The Financial Times reported Friday (Oct. 30), citing unnamed sources. The company is seeking to raise the funding at a valuation of $1.25 trillion, down from the previous $1.4 trillion, according […] The post OpenAI Cuts Funding Target by $10 Bil…