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OpenAI secures ~$11B in commitments, below $30B target, at $1.25T valuation

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Sources report OpenAI has secured about $11 billion in commitments for its latest funding round, less than half its initial $30 billion target. The round values the company at $1.25 trillion, below its $1.4 trillion target, and OpenAI expects to raise more in the coming weeks.

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  1. Techmeme
    Sources: OpenAI has secured ~$11B in commitments for its latest funding round, less than half its initial $30B target, and expects to raise more in coming weeks (Berber Jin/Wall Street Journal)

    Berber Jin / Wall Street Journal : Sources: OpenAI has secured ~$11B in commitments for its latest funding round, less than half its initial $30B target, and expects to raise more in coming weeks — The ChatGPT maker's latest funding round values it at $1.25 trillion, less than its $1.4 trillion target

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