OpenAI reportedly lowers funding target for new round

Automated excerpt

OpenAI’s latest funding round isn’t quite living up to expectations, according to multiple news reports. OpenAI was previously reported to be raising $30 billion at a $1.4 trillion valuation, and then at a $1.25 trillion valuation, ahead of a planned IPO. A subsequent retail offering for wealthy individuals could bring the total funding amount to the $20 billion target.

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