OpenAI lowers valuation target to raise up to $30 billion
In brief
- OpenAI aims to raise up to $30 billion in new funding.
- The valuation target has been reduced to facilitate the round.
- The announcement comes from The Decoder based on its sources.
OpenAI is nearing a new funding round that could reach up to $30 billion, but has lowered its valuation target to achieve this according to The Decoder.
What it changes for you
- Finance & BankingInvestors in AI are closely monitoring this funding round to assess the financial health of the sector.
This summary gives you the essentials. The full article, its figures and quotes are on The Decoder.
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