OpenAI slashes funding target by $10bn as tech anxieties mount

ChatGPT maker is now seeking about $20bn at a $1.25tn valuation as it tempers its ambitions

OpenAI slashes funding target by $10bn as tech anxieties mount

TL;DR

  • OpenAI is seeking about $20 billion in funding.
  • The company's valuation is set at $1.25 trillion.
  • OpenAI is moderating its ambitions.