Tech Funding News· Abhinaya Prabhu·· 3 hours agoTop DealsAI Score60
OpenAI cuts valuation target to $1.25T as investors wait on Anthropic IPO
OpenAI trims valuation target to $1.25T as investors wait for Anthropic’s IPO
AI Overview
OpenAI is now seeking up to $30B at a $1.25T pre-money valuation, down from the $1.4T it showed investors earlier this month.
Why it matters
The trimmed target and the October 30 deadline show how much investors now want audited numbers from a frontier lab before paying up.
Source:Tech Funding News · techfundingnews.com
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