OpenAI cuts fundraising target to ~$20B at $1.25T valuation amid AI selloff

OpenAI now seeks about $20B at a $1.25T valuation for its latest round, down from $30B at $1.4T, as some investors cut commitments amid an AI selloff.

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2026-10-31 01:00 · Techmeme
Sources: OpenAI now seeks ~$20B at a $1.25T valuation for its latest round, from $30B at a $1.4T valuation, as some investors cut commitments amid an AI selloff (Financial Times)

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