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OpenAI Funding Target Cut by $10 Billion as AI Slumps, FT Says

Source: Bloomberg

Artificial IntelligencePrivate Markets & VentureIPOs & SPACsInvestor Sentiment & Positioning

OpenAI cut its fundraising target by $10 billion, according to the Financial Times. The report cited an AI stock selloff and rival Anthropic PBC’s impending public listing as factors complicating efforts to secure investor commitments.

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