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OpenAI Lowers Valuation Target to $1.25tn | ByteBrief

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AIThe Next Webabout 1 hour ago

OpenAI Lowers Valuation Target to $1.25tn

2 min read

OpenAI lowers its valuation target to $1.25tn from $1.4tn as it nears a $30bn funding round led by UAE investors. The company pushes its IPO plans back to next year, citing AI safety concerns, after CEO Sam Altman previously called going public ill-advised.

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Sources: OpenAI has cut its valuation target to $1.25T, down from the $1.4T valuation it pitched earlier this month, after facing resistance from some investors (Financial Times)

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