OpenAI cuts funding target by $10 billion, now seeking $20 billion
This story is from 2026-10-31. It is preserved in the archive; the latest stories are on the live feed.
OpenAI has lowered the target for its latest funding round by $10 billion and is now seeking to raise $20 billion at a $1.25 trillion valuation, according to the Financial Times.
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Timeline · 2 reports
- 2026-10-31 02:35 · Economic Times Tech
OpenAI cuts funding target by $10 billion: FT - 2026-10-31 00:17 · Reuters AI
OpenAI cuts funding target by $10 billion, FT reports