OpenAI cuts latest funding round target to $20 billion amid tech stock selloff
OpenAI has lowered its funding target from $30 billion to $20 billion, securing about $11 billion so far, as investor caution grows over heavy AI infrastructure spending. The round remains open and figures could change.
Read the full story at Financial Times AI ↗
Timeline · 14 reports
- 2026-11-01 04:49 · DEV Community — AI
OpenAI Cuts Its Funding Target by $10B as Tech Stocks Sell Off - 2026-10-31 23:00 · DEV Community — AI
OpenAI lowers funding target for new round to $20 billion - 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 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 - 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