AIWall Street Journal2h ago
OpenAI has secured ~$11B in commitments for its latest funding round
Sources: OpenAI has secured ~$11B in commitments for its latest funding round, less than half its initial $30B target, and expects to raise more in coming weeks
TL;DROpenAI raised $11B so far, missing its $30B goal but hitting $1.25T valuation.
Why it matters: Shows investor caution on AI valuations and signals potential slowdown in AI funding momentum.
The ChatGPT maker's latest funding round values it at $1.25 trillion, less than its $1.4 trillion target
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