AIFinancial Times2h ago
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 fundraising valuation to $1.25T from $1.4T due to investor pushback.
Why it matters: Signals weakening investor enthusiasm for AI mega-rounds and potential market skepticism about AI valuations.
AI lab floated $1.4tn price tag earlier this month, according to documents seen by the FT — OpenAI has cut its valuation target …
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