Why OpenAI Lowered Its Price Tag Weeks Before Anthropic Goes Public
OpenAI has lowered the valuation target for its latest funding round to $1.25 trillion, the Financial Times reported. That sits below the $1.4 trillion price investors heard earlier this month. The new figure would still lift OpenAI almost 50% above its $852 billion valuation from March. Investors have until October 30 to commit. Why Did The post Why OpenAI Lowered Its Price Tag Weeks Before Anthropic Goes Public appeared first on BeInCrypto.
Key Takeaways
- OpenAI has lowered the valuation target for its latest funding round to $1.25 trillion, the Financial Times reported.
- That sits below the $1.4 trillion price investors heard earlier this month.
- The new figure would still lift OpenAI almost 50% above its $852 billion valuation from March.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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