OpenAI Cuts Funding Target to $20 Billion
OpenAI has reduced its latest funding round target by $10 billion to roughly $20 billion amid a broader tech sector selloff. The ChatGPT maker also lowered its valuation target to $1.25 trillion as investors scale back allocations.
OpenAI has lowered its funding target by $10 billion to $20 billion, reducing its valuation to $1.25 trillion during an ongoing tech sector selloff.
