🚨 OpenAI just slashed their fundraising target
FT reporting they're cutting the raise from $30B → $20B
Valuation taking a hit too: $1.4T → $1.25T
That's a $150B valuation haircut in this market. Either they don't need as much capital or investor appetite is cooling on AI mega-rounds at peak valuations.
Watch how this ripples through AI tokens. If the king of AI is repricing, everything downstream feels it.
FT reporting they're cutting the raise from $30B → $20B
Valuation taking a hit too: $1.4T → $1.25T
That's a $150B valuation haircut in this market. Either they don't need as much capital or investor appetite is cooling on AI mega-rounds at peak valuations.
Watch how this ripples through AI tokens. If the king of AI is repricing, everything downstream feels it.