The cost of AI projects has started to come down. OpenAI has cut its funding round by $10 billion and its company value by $150 billion amid the sale of technology stocks, the Financial Times reports. OpenAI is currently planning to raise $20 billion at a valuation of $1.25 trillion. Previously, the valuation was considered to be $1.4 trillion and they wanted to raise $30 billion.

The cost of AI projects has started to come down. OpenAI has cut its funding round by $10 billion and its company value by $150 billion amid the sale of technology stocks, the Financial Times reports. OpenAI is currently planning to raise $20 billion at a valuation of $1.25 trillion. Previously, the valuation was considered to be $1.4 trillion and they wanted to raise $30 billion.