OpenAI reportedly lowers funding target for new round | HappeningNow.news

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OpenAI reportedly lowers funding target for new round

OpenAI’s latest funding round isn’t quite living up to expectations, according to multiple news reports.

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OpenAI’s newest funding round is falling short of earlier expectations, according to multiple news reports. Earlier coverage had said the company was seeking $30 billion at a $1.4 trillion valuation, and later at a $1.25 trillion valuation, in preparation for a planned IPO. The reports indicate the current round’s target is lower than those previously reported figures.

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