OpenAI Cuts Round To $20 Billion As UAE Investors Pair Capital With Compute Capacity
· forbes.com · popularity 32/100 · 0 similar stories today · Entrepreneurship & Startups (Business & Finance)
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Summary
OpenAI has cut the target for its latest funding round to about $20 billion from $30 billion, the Financial Times reported on October 30, at a valuation of about $1.25 trillion, down from the $1.4 trillion discussed earlier in the month. A consortium of UAE investors that includes MGX, the Abu …
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