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OpenAI slashes funding target by $10bn as tech anxieties mount
Financial Times Technology
Factual evidence
What the source reports
OpenAI has lowered its fundraising target from $30bn to about $20bn at a $1.25tn target valuation amid market anxieties.
Inspect the evidence
- Inclusion basis
- Enterprise AI
- Publisher and source type
- Financial Times Technology · INDUSTRY NEWS
- Published by source
- 31 October 2026
- Collected by OneBench
- 31 Oct 2026, 02:01 UK
- Original headline
- OpenAI slashes funding target by $10bn as tech anxieties mount ↗
Stored source excerpt
ChatGPT maker is now seeking about $20bn at a $1.25tn valuation as it tempers its ambitions…
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