Business · 1 sources covering this

OpenAI slashes funding target by $10 billion amid tech rout, FT reports

Sam Altman's OpenAI is seeking about $20 billion with a desired valuation of $1.25 trillion, down from $1.4 billion, FT reported, citing people familiar.

Share:X WhatsApp Reddit Facebook LinkedIn Open ↗

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

CNBCLean R·3h ago
OpenAI slashes funding target by $10 billion amid tech rout, FT reports
Sam Altman's OpenAI is seeking about $20 billion with a desired valuation of $1.25 trillion, down from $1.4 billion, FT reported, citing people familiar.
Read at CNBC →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://statesidedaily.com/embed/cluster/da14a254857c8a81beaa75eaa3c68f60e65b1880"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="OpenAI slashes funding target by $10 billion amid tech rout, FT reports"></iframe>

OpenAI slashes funding target by $10 billion amid tech rout, FT reports

How 1 sources are covering this

OpenAI slashes funding target by $10 billion amid tech rout, FT reports

More from Business

SpaceX loses bid to toss NAACP lawsuit over Memphis data center air pollution

Binance says 90% of $6.3 billion hack losses are now covered, plans to resume withdrawals Sunday

A simple explainer of the massive $6.3 billion crypto heist at Binance

How Binance’s $6.3 Billion Hack Went Down

Reader

Trust & legal

Across the network