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OpenAI trims valuation target to $1.25tn after pitching higher price

Financial Times

OpenAI trims valuation target to $1.25tn after pitching higher price

Picture: Financial Times

OpenAI has cut its valuation target for its latest funding round after facing resistance on a $1.4tn price tag from some investors, as it pushes to raise $30bn before going public next year.

This report was first published by Financial Times. What you see here is a brief excerpt. The full text is theirs.

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