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OpenAI cuts funding target by $10 billion, FT reports
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OpenAI cuts funding target by $10 billion, FT reports Oct 30 : 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.
OpenAI cuts funding target by $10 billion, FT reports
Oct 30 : 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.
Source: Reuters