
Updated CNBC confirms OpenAI now seeks up to $20 billion in its round, down from a $30 billion target
CNBC says the round is still open and figures could change; the FT reports a $1.25 trillion post-money valuation and a Friday deadline for commitments, with some investors cutting allocations, and the WSJ put commitments at about $11 billion. UAE investors and Coatue lead; OpenAI did not comment.




