OpenAI cuts funding target by $10bn amid tech anxieties

OpenAI is now seeking about $20bn at a $1.25tn valuation, lowering its fundraising target by $10bn as it tempers ambitions amid mounting tech anxieties.

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Timeline · 1 report

2026-10-31 00:05 · Financial Times AI
OpenAI slashes funding target by $10bn as tech anxieties mount

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