OpenAI pares fundraising goal, now seeking up to $20 billion in latest round

Summary

OpenAI is seeking to raise up to $20 billion in a new funding round, down from an earlier target of up to $30 billion, according to CNBC. The round is still in progress and has not closed, and the Financial Times reported a $1.25 trillion post-money valuation target with investors from the United Arab Emirates leading alongside Coatue.

Related items

• MediumHow We Took Over ChatGPT AccountsSame vendor · Simon Willison's Weblog
• InfoHumans are still doing the work behind some AI agentsSame vendor · CNBC Technology
• MediumAppraisal by AI: Model-driven victim prioritization in the VOLTA infostealerSame vendor · Cisco Talos Blog
• MediumA Shared ChatGPT Link Could Run Attacker Code in Your Session and Read Private ChatsSame vendor · The Hacker News
• InfoSam Altman says it’s better for RAM to be in a data center than on your deskSame vendor · The Verge (AI)