Demo creative for Header leaderboard (728x90)

OpenAI Cuts Funding Target by $10 Billion as Investor Jitters Shake AI Markets

PYMNTS
Image: PYMNTS

OpenAI has cut the target for its current funding round from $30 billion to $20 billion amid investor concerns about the artificial intelligence market, The Financial Times reported Friday (Oct. 30), citing unnamed sources. The company is seeking to raise the funding at a valuation of $1.25 trillion, down from the previous $1.4 trillion, according […]

The post OpenAI Cuts Funding Target by $10 Billion as Investor Jitters Shake AI Markets appeared first on PYMNTS.com .

Demo creative for Between results (336x280)

More in Artificial Intelligence

See all