Tag: openai fundraising efforts sputter

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OpenAI's Fundraising Efforts Sputter and Stall as Investors Refuse to Keep Cutting Checks

June 1, 2022 | Futurism AI
OpenAI's Fundraising Efforts Sputter and Stall as Investors Refuse to Keep Cutting Checks
jamesonwu1972 / Shutterstock / Futurism Anthropic officially filed to go public to the tune of up to $2 trillion dollars last week. The news served as the latest litmus test of how far investors are willing to go as fears of a major financial market reckoning continue to haunt chipmakers and hyperscalers. Sam Altman’s OpenAI, on the other hand, announced over the summer that it was putting off its own IPO until next year at the earliest, with managers tell