OpenAI · ~$11B · OpenAI

OpenAI reportedly secures $11B in commitments at $1.25T valuation, below $1.4T target: Sources say OpenAI has secured about $11 billion in commitments for its latest funding round, less than half its initial $30 billion target. The round values the ChatGPT maker at $1.25 trillion, below its $1.4 trillion target, and OpenAI expects to raise more in coming weeks.