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Leaked documents: OpenAI's adjusted operating margin improved from -150% to -109% from Q2 to Q3 (Berber Jin/Wall Street Journal) | ByteBrief

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AIWall Street Journal34 minutes ago

Leaked documents: OpenAI's adjusted operating margin improved from -150% to -109% from Q2 to Q3 (Berber Jin/Wall Street Journal)

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The full story is at Wall Street Journal, which ByteBrief could not read, and no free outlet has reported it yet. Read full story opens it at the source.

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Summary by ByteBrief

More to chew on!

AI11 days ago

Sources: OpenAI has secured ~$11B in commitments for its latest funding round, less than half its initial $30B target, and expects to raise more in coming weeks (Berber Jin/Wall Street Journal)

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Sources: OpenAI now seeks ~$20B at a $1.25T valuation for its latest round, from $30B at a $1.4T valuation, as some investors cut commitments amid an AI selloff (Financial Times)

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