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OpenAI Seeks $30 Billion Funding Round at $1.25 Trillion…

By Abdelaziz Fathi

Photo for: OpenAI Seeks $30 Billion Funding Round at $1.25 Trillion…

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OpenAI is seeking about $30 billion in fresh capital at a valuation of roughly $1.25 trillion, lowering the price under discussion as investors become more selective about financing the enormous spending requirements behind artificial intelligence.The ChatGPT developer is in the final stages of negotiations for the round, with investor commitments expected as soon as next week. The $1.25 trillion…