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via livemint.comCapital Markets

OpenAI lowers valuation target by $150 billion, delays IPO

FROM THE WIRE · LIVEMINT.COM

OpenAI has lowered its valuation target by $150 billion to $1.25 trillion as it negotiates a funding round of up to $30 billion. Investor concerns about AI spending are mounting, while the company has delayed its IPO until next year.

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishOpenAI's lower valuation target and delayed IPO weigh on sentiment toward AI-linked equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01OpenAI has lowered its valuation target to $1.25 trillion.
  2. 02The funding round under negotiation could reach $30 billion.
  3. 03Investor concerns about AI spending are mounting.
  4. 04The IPO has been delayed until next year.

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.