OpenAI cuts funding target by $10 billion to $20 billion at $1.25 trillion valuation
OpenAI has lowered its fundraising target by $10 billion to about $20 billion at a $1.25 trillion valuation, the Financial Times reported, amid an AI stock selloff and Anthropic's impending public listing complicating investor commitments.
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Timeline · 4 reports
- 2026-10-31 04:00 · Bloomberg AI
OpenAI Funding Target Cut by $10 Billion as AI Slumps, FT Says - 2026-10-31 02:35 · Economic Times Tech
OpenAI cuts funding target by $10 billion: FT - 2026-10-31 00:17 · Reuters AI
OpenAI slashes funding target by $10 billion amid tech rout, FT reports - 2026-10-31 00:05 · Financial Times AI
OpenAI slashes funding target by $10bn as tech anxieties mount