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OpenAI Secures About $11B in Latest Funding Round, Below $30B Target

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

OpenAI has secured roughly $11B in commitments for its latest funding round, valuing it at $1.25T, less than half its $30B target and below its $1.4T valuation goal, with more fundraising expected.

Read the full story at Techmeme ↗

Timeline · 5 reports

  1. 2026-11-03 01:57 · Wall Street Journal Technology
    OpenAI Raises Less Than Half of $30 Billion Target in Latest Round
  2. 2026-11-01 06:22 · r/OpenAI
    OpenAI Raises Less Than Half of $30 Billion Target in Latest Round
  3. 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
  4. 2026-10-31 03:22 · Hacker News Front Page
    OpenAI raises less than half of $30B target
  5. 2026-10-31 02:30 · Techmeme
    Sources: OpenAI has secured ~$11B in commitments for its latest funding round, less than half its initial $30B target, and expects to raise more in coming weeks

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