OpenAI raises $11 billion of $30 billion target as investors cool
AIAccording to the Wall Street Journal, OpenAI has secured about $11 billion of its $30 billion fundraising target, at a $1.25 trillion valuation below the $1.4 trillion it sought. The gap reportedly reflects fading interest from major investors during a tech sell-off, and OpenAI plans to raise up to $20 billion from family offices and high-net-worth individuals.
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The report contrasts OpenAI's shortfall against its target with Anthropic's faster revenue growth, showing how investor sentiment is shifting across the leading AI labs.
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The Decoder · Matthias Bastian · the-decoder.comPublished · added here
Original title: OpenAI raises just $11 billion of its $30 billion target as big investors lose their AI appetite