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OpenAI Reportedly Cuts Valuation Target to $1.25 Trillion Amid Investor Resistance
Unbiased Headlines says investors have until October 30 to commit; it cites the Financial Times on investor pushback.
TLDR
Unbiased Headlines, citing the Financial Times, reports that OpenAI lowered its valuation target by $150 billion to $1.25 trillion after investor pushback. It says investors have until October 30 to commit and that Anthropic's IPO is looming. Another post puts OpenAI's planned raise at about $30 billion, citing Bloomberg.
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