OpenAI raised less than half of its $30B target in the latest round. That is a private-market datapoint for the AI trade: the biggest name in the space is not clearing its own funding target. Watch wh

What happened: OpenAI raised less than half of its $30 billion target in its latest funding round, according to the Wall Street Journal. Key numbers: Round values OpenAI at $1.25 trillion, below its $1.4 trillion target. Target raise was $30 billion. Why it matters: The shortfall against both the raise and valuation targets indicates the round came in well below the company's expectations.

OpenAI raised less than half of its $30 billion target in its latest funding round, according to the Wall Street Journal.

The shortfall against both the raise and valuation targets indicates the round came in well below the company's expectations.