October 27, 2026
Business

OpenAI cuts valuation target by $150 bn to $1.25 tn | Why it has scaled back its funding ambitions ahead of IPO(Soban News)

OpenAI has lowered its valuation target by $150 billion to $1.25 trillion as it negotiates a funding round of up to $30 billion. Investor concerns about AI spending are mounting, while the company has delayed its IPO until next year.

​OpenAI has lowered its valuation target by $150 billion to $1.25 trillion as it negotiates a funding round of up to $30 billion. Investor concerns about AI spending are mounting, while the company has delayed its IPO until next year. by Soban News (international And National News)

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