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Why OpenAI Lowered Its Price Tag Weeks Before Anthropic Goes Public
Published Source: BeInCryptoRead original
Crypto Insight Summary: OpenAI has lowered the valuation target for its latest funding round to $1.25 trillion, the Financial Times reported. That sits below the $1.4 trillion price investors heard earlier this month. The new figure would still lift OpenAI almost 50% above its $852 billion valuation from March. Investors have until October 30 to commit. Why Did Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: OpenAI's valuation adjustment is unrelated to crypto market dynamics.