AIFinancial Times1h ago
OpenAI now seeks ~$20B at a $1.25T valuation for its latest round
Sources: OpenAI now seeks ~$20B at a $1.25T valuation for its latest round, from $30B at a $1.4T valuation, as some investors cut commitments amid an AI selloff
TL;DROpenAI lowered its fundraising target to $20B at $1.25T valuation from $30B at $1.4T.
Why it matters: Shows investor hesitation toward AI startups and may pressure OpenAI's expansion and competing against well-funded rivals.
ChatGPT maker is now seeking about $20bn at a $1.25tn valuation as it tempers its ambitions — OpenAI has slashed the target …
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