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OpenAI has reduced the target size of its current fundraising round by $10 billion to $20 billion, writes the Financial Times. The business valuation dropped to $1.25 trillion. The decision was made against the background of the sale of shares of technology companies and the imminent entry of the main competitor, the start-up Anthropic, into the stock market, which attracts attention and capital from investors.

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OpenAI has reduced the target size of its current fundraising round by $10 billion to $20 billion, writes the Financial Times. The business valuation dropped to $1.25 trillion. The decision was made against the background of the sale of shares of technology companies and the imminent entry of the main competitor, the start-up Anthropic, into the stock market, which attracts attention and capital from investors.

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