Sources: OpenAI has cut its valuation target to $1.25T, down from the $1.4T valuation it pitched earlier this month, after facing resistance from some investors
THE SO WHAT
Trimming the target from $1.4T to $1.25T is less about weakness and more about price discovery at the edge of what private markets will tolerate. For AI founders, the message is clear: mega-rounds are still possible, but investors now want cleaner line-of-sight to durable revenue, not just model leadership.
READ THE SOURCE
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