The Big OneDeals
Wall Street Journal says OpenAI has secured about $11 billion of its $30 billion target
OpenAI has secured about $11 billion of its $30 billion fundraising target, according to the Wall Street Journal. Its valuation landed at $1.25 trillion, short of the $1.4 trillion it was aiming for, and the company now plans to raise up to $20 billion from family offices and high-net-worth individuals.
NoteThe reported gap arrives while The Decoder says Anthropic could go public as early as November, so how investors price the two labs against each other is worth watching for anyone with exposure to AI infrastructure credit.
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