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OpenAI slashes funding target by $10 billion amid tech rout, FT reports

Sam Altman's OpenAI is seeking about $20 billion with a desired valuation of $1.25 trillion, down from $1.4 billion, FT reported, citing people familiar.

This article was originally published by CNBC Top News and is republished here under license.

Sam Altman’s OpenAI is seeking about $20 billion with a desired valuation of $1.25 trillion, down from $1.4 billion, FT reported, citing people familiar.

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