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OpenAI Raises Less Than Half of $30 Billion Target in Latest Round

OpenAI has raised less than half of the $30 billion it had initially targeted for its latest funding round, with market jitters over the AI trade dampening investor appetite for one of the industry’s biggest names. After receiving tepid interest from some large investors, OpenAI has so far secured roughly $11 billion in commitments for the new financing, according to people familiar with the matter. The deal values the company at $1.25 trillion—less than the $1.4 trillion valuation that it had earlier hoped to achieve. Do you think that OpenAI valuation is likely to go down ?

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