OpenAI’s $30 billion funding ambition shrinks to $20 billion: What’s worrying investors?

ChatGPT-maker OpenAI has reportedly pared down its funding round by $10 billion to $20 billion for valuation of $1.25 trillion, according to a report by the Financial Times.

This is a reduction from the previous target of raising $30 billion for a valuation of $1.4 trillion, as per a Reuters report.