OpenAI cuts funding round target to $20 billion as investors commit about $11 billion
OpenAI has lowered its latest funding round target from $30 billion to about $20 billion at a $1.25 trillion valuation, with roughly $11 billion committed so far; it is reportedly seeking more cash from family offices and wealthy individuals, with UAE investors pairing capital with compute capacity.
Read the full story at CNBC Technology ↗
Timeline · 11 reports
- 2026-11-03 01:57 · Wall Street Journal Technology
OpenAI Raises Less Than Half of $30 Billion Target in Latest Round - 2026-11-02 19:47 · r/artificial
OpenAI lowers funding goals as investors cool on AI - 2026-11-02 11:46 · Forbes AI
OpenAI Cuts Round To $20 Billion As UAE Investors Pair Capital With Compute Capacity - 2026-11-01 07:09 · DEV Community — AI
OpenAI cuts its funding target to $20 billion, FT reports - 2026-11-01 06:22 · r/OpenAI
OpenAI Raises Less Than Half of $30 Billion Target in Latest Round - 2026-11-01 04:49 · DEV Community — AI
OpenAI Cuts Its Funding Target by $10B as Tech Stocks Sell Off - 2026-11-01 02:32 · r/mlscaling
"OpenAI Raises Less Than Half of $30 Billion Target in Latest Round: values it at $1,250b, less than its $1,400b target", WSJ 2026-10-30 - 2026-10-31 23:00 · DEV Community — AI
OpenAI lowers funding target for new round to $20 billion - 2026-10-31 16:23 · DEV Community — AI
OpenAI lowers funding goal to $20 billion - 2026-10-31 16:12 · TechCrunch AI
OpenAI reportedly lowers funding target for new round - 2026-10-31 16:08 · CNBC Technology
OpenAI slashes funding target by $10 billion amid tech rout, FT reports