OpenAI has cut the valuation it wants for its next funding round to 1.25tn USD, down from the 1.4tn USD pitched earlier this month after investor pushback. The company is close to raising up to 30bn USD, with UAE investors leading alongside Coatue, and wants signatures by the end of next week. https://thenextweb.com/news/openai-funding-round-1-25tn-uae-coatue #Tech #Startup #News #AI
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