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OpenAI lowers funding target to $20 billion as investors cool on AI

This story is from 2026-10-31. It is preserved in the archive; the latest stories are on the live feed.

OpenAI has cut its latest funding round target from $30 billion to about $20 billion, reportedly at a $1.25 trillion valuation, amid a tech stock sell-off and cooling investor appetite.

Read the full story at Economic Times Tech ↗

Timeline · 14 reports

  1. 2026-11-03 09:27 · Wall Street Journal Technology
    OpenAI Raises Less Than Half of $30 Billion Target in Latest Round
  2. 2026-11-02 20:35 · CNBC Technology
    OpenAI trims fundraising goal
  3. 2026-11-02 19:47 · r/artificial
    OpenAI lowers funding goals as investors cool on AI
  4. 2026-11-02 16:38 · CNBC Technology
    OpenAI trims fundraising goal, sources say
  5. 2026-11-02 11:46 · Forbes AI
    OpenAI Cuts Round To $20 Billion As UAE Investors Pair Capital With Compute Capacity
  6. 2026-11-01 07:09 · DEV Community — AI
    OpenAI cuts its funding target to $20 billion, FT reports
  7. 2026-11-01 04:49 · DEV Community — AI
    OpenAI Cuts Its Funding Target by $10B as Tech Stocks Sell Off
  8. 2026-10-31 23:00 · DEV Community — AI
    OpenAI lowers funding target for new round to $20 billion
  9. 2026-10-31 16:46 · Fortune AI
    AI outlook: OpenAI cuts fundraising goal while Meta gets a credit warning on cash flow and spending
  10. 2026-10-31 16:41 · Fortune AI
    AI boom hits a wall on Wall Street as OpenAI cuts fundraising target while Meta gets a credit warning over its cash flow, spending and monetization
  11. 2026-10-31 16:23 · DEV Community — AI
    OpenAI lowers funding goal to $20 billion
  12. 2026-10-31 16:12 · TechCrunch AI
    OpenAI reportedly lowers funding target for new round
  13. 2026-10-31 16:08 · CNBC Technology
    OpenAI slashes funding target by $10 billion amid tech rout, FT reports
  14. 2026-10-31 12:30 · Economic Times Tech
    OpenAI cuts fundraising target by $10 billion to $20 billion amid AI market selloff

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