OpenAI reportedly lowers funding target for new round

Reports from the Financial Times and Wall Street Journal indicate that OpenAI has reduced its funding target by one third. The latest funding round is reportedly not living up to initial expectations, with early reports suggesting a target of $30 billion. While TechCrunch has summarized these findings, OpenAI has not officially confirmed the figures. The current shortfall is based on reporting from these financial news outlets rather than direct confirmation from the company itself.