OpenAI Cuts Funding Target to $20 Billion, Trims Valuation Goal to $1.25 Trillion as AI Selloff Bites: What It Means for India

OpenAI is now seeking about $20 billion instead of roughly $30 billion in its latest round and has cut its valuation target to $1.25 trillion from $1.4 trillion as an AI stock selloff makes investors more cautious, a shift Indian CIOs and AI labs such as Sarvam will watch closely.