OpenAI Trims Valuation Target to $1.25T
OpenAI has lowered its fundraising valuation target from $1.4T to $1.25T, still a ~47% premium to its current $852B valuation, signaling some investor resistance at the top of the range.
What we know
The Financial Times reports that OpenAI has trimmed its valuation target to $1.25 trillion after initially pitching investors at $1.4T earlier this month. A follow-up tweet clarified the current valuation stands at $852B, making the ask still a near-50% jump. Meanwhile, on the ability to bet against AI companies, an account on X noted that OpenAI can now be shorted on the Liquid platform.
Sources
“OpenAI trims valuation target to $1.25tn after pitching higher price”
View post →“The AI company's valuation target is an almost 50% jump from its current $852bn valuation”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.