
OpenAI pares fundraising goal, now seeking up to $20 billion in latest round
Summary
Artificial intelligence developer OpenAI has adjusted its current fundraising targets. The company is now aiming to secure as much as twenty billion dollars in its ongoing financial round, though these figures remain subject to change.
The funding round is still in progress and has not closed, so the figures are subject to change, a person directly familiar with the deal told CNBC.
Source: Read the full story at US Top News and Analysis
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.