OpenAI cuts funding target to about $20 billion as tech stocks sell off
OpenAI has reportedly lowered its latest funding round target by $10 billion to about $20 billion, after raising roughly $11 billion of an initial $30 billion goal, with talks extending to family offices and wealthy individuals, including UAE investors pairing capital with compute capacity.
Read the full story at Economic Times Tech ↗
Timeline · 17 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 20:35 · CNBC Technology
OpenAI trims fundraising goal - 2026-11-02 19:47 · r/artificial
OpenAI lowers funding goals as investors cool on AI - 2026-11-02 16:38 · CNBC Technology
OpenAI trims fundraising goal, sources say - 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 16:46 · 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 16:08 · CNBC Technology
OpenAI slashes funding target by $10 billion amid tech rout, FT reports - 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