Sources: OpenAI has secured ~$11B in commitments for its latest funding round, less than half its initial $30B target, and expects to raise more in coming weeks (Berber Jin/Wall Street Journal)

OpenAI has reportedly secured approximately $11B in commitments for its latest funding round. This amount is less than half of its initial $30B target, with expectations to raise more in the coming weeks. The ChatGPT maker's current funding round values the company at $1.25 trillion, which is also below its $1.4 trillion target.