Why it has scaled back its funding ambitions ahead of IPO
· livemint.com
OpenAI has lowered its valuation target by $150 billion to $1.25 trillion as it negotiates a funding round of up to $30 billion. Investor concerns about AI spending are mounting, while the company has delayed its IPO until next year.
Sanchari Ghosh
Sanchari Ghosh is an Assistant Editor at Mint with over 12 years of experience in journalism, specialising in personal finance, DLT & DeFi, geop...