Follow-up to Oct 23: OpenAI secures about $11 billion in commitments, per WSJ
The Wall Street Journal reports that OpenAI has secured roughly $11 billion in commitments for its latest round at a $1.25 trillion valuation. Its sources say the company now hopes to raise up to $20 billion, versus the original $30 billion target, and expects to seek more money in coming weeks.
ThereforeThe Journal says OpenAI plans to seek money from family offices and wealthy individuals after tepid interest from some large investors.