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AI Funding

The AI Boom Hits a Credibility Check: OpenAI Trims Funding Ask as Meta Supersizes Its Own

The AI Boom Hits a Credibility Check: OpenAI Trims Funding Ask as Meta Supersizes Its Own

In the span of a week, OpenAI shrank a mega funding round while Meta upsized a $97.5B stock sale, exposing growing investor anxiety about whether AI infrastructure spending will pay off.

News Brief 3 min read