OpenAI cuts fundraising target to $20B amid talks with SoftBank: DealBook
Photo: Crypto Briefing
OpenAI has reportedly reduced its latest fundraising target to up to $20 billion, according to a DealBook report. The company, known for its AI products like GPT-6, is in talks with major investors including SoftBank, which has previously invested significantly in OpenAI. This adjustment comes after OpenAI initially aimed for a round of up to $30 billion, reflecting a potential decrease in investor commitments. The discussions with SoftBank and other backers are ongoing, with no final agreements reached yet. Market observers will be closely watching for any announcements from OpenAI regarding the completion or failure of this funding round.
Source: Crypto Briefing
