AI funding strain and model benchmark gaps
OpenAI reportedly cut its funding target by $10B amid an AI sell-off, while HLE Diamond results show open-weight models trailing frontier closed models.
What we know
An account on X says OpenAI slashed its funding target by $10B, calling it almost a down round. Noah Smith shared HLE Diamond results where Chinese open-weight models trail by 30+ points.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.