OpenAI trims its funding round to up to US$20bn
CNBC confirmed OpenAI is now seeking up to US$20bn, down from about US$30bn, and the FT put the post-money valuation at US$1.25tn. The round is still open. Less fresh equity means more scrutiny of every gigawatt OpenAI has signed for.
Source: CNBC (opens in a new tab)