OpenAI Raises Far Less Than Planned
OpenAI set out to raise $30 billion in its newest funding round. It ended up with only $11 billion. The deal still valued the company at $1.25 trillion. Reports say big investors have become more cautious about putting money into AI.
Why it matters & sources
Why it matters: A funding shortfall at one of the biggest AI companies suggests investor enthusiasm for AI may be cooling.
Sources: techcrunch.com · the-decoder.com