OpenAI cuts fundraising target by $10 billion to $20 billion amid AI market selloff
OpenAI has lowered the target for its latest funding round by $10 billion to about $20 billion, having secured $11 billion so far, amid an AI stock selloff and investor caution over heavy infrastructure spending. The round remains open and figures could change.
Read the full story at Financial Times AI ↗
Timeline · 11 reports
- 2026-10-31 19:56 · CNBC Technology
OpenAI pares fundraising goal, now seeking up to $20 billion in latest round - 2026-10-31 17:41 · Fortune AI
AI outlook: OpenAI cuts fundraising goal while Meta gets a credit warning on cash flow and spending - 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 - 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 12:30 · Economic Times Tech
OpenAI cuts fundraising target by $10 billion to $20 billion amid AI market selloff - 2026-10-31 11:38 · The Next Web
OpenAI cuts its funding round to $20bn after raising $11bn, WSJ 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