OpenAI has cut its valuation target
Sources: OpenAI has cut its valuation target to $1.25T, down from the $1.4T valuation it pitched earlier this month, after facing resistance from some investors
TL;DROpenAI lowered its funding round valuation target to $1.25T from $1.4T due to investor pushback.
Why it matters: Shows investor skepticism about AI startup valuations and may signal cooling enthusiasm for mega-rounds.
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