OpenAI reportedly lowers funding target for new round
Covered by 3 sources
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OpenAI has lowered its funding target for its latest round from $30 billion to $20 billion amid weaker investor interest, securing $11 billion so far with UAE investors leading the round. The company faces challenges due to cautious Wall Street sentiment on AI infrastructure spending.
Covered by 3 sources
- OpenAI Raises Less Than Half of $30 Billion Target in Latest Round· The Wall Street Journal
- OpenAI cuts its valuation target to $1.25tn as it nears a $30bn round· The Next Web
- OpenAI nears $1.25T 💰, ☁️, 1Password for Agents 🔑, Gemini 3.5 Pro postmortem 🤖· TLDR AI
- OpenAI Shifts Value to $1.25 Trillion as Funding Talks Finalize· 4 sources
- OpenAI Reportedly Looking to Hurry and Get Valued at $1.4 Trillion Before Anthropic IPO· 3 sources