OpenAI's $30 billion funding ambition shrinks to $20 billion: What's worrying investors?

T1Covered by 1 source · first reported by Mint — Technology / AI at 31 Oct, 03:08 UTC

OpenAI has cut its latest fundraising target by $10 billion and is now seeking $20 billion at a $1.25 trillion valuation, the Financial Times reported. The company had previously aimed to raise $30 billion at a $1.4 trillion valuation.

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• T1OpenAI's $30 billion funding ambition shrinks to $20 billion: What's worrying investors?Mint — Technology / AI31 Oct, 03:08