OpenAI cuts funding goal by $10B amid tech market concerns: FT

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OpenAI has reportedly reduced its funding goal by $10 billion to approximately $30 billion, according to the Financial Times. The funding would be raised at a revised valuation of $1.25 trillion, down from the previously discussed $1.4 trillion. Investor interest appears to be weakening amid concerns about debt-financed AI infrastructure and fluctuations in technology stocks. The funds are intended to provide bridge capital ahead of a potential IPO, although the terms of the financing have not yet been finalized.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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