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Home > Tech & Auto > OpenAI cuts funding target by $10 billion, FT reports

OpenAI cuts funding target by $10 billion, FT reports

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Last Updated: October 31, 2026 06:46:47 IST

Oct 30 (Reuters) – OpenAI has slashed the target for its latest funding round by $10 billion and is now seeking to raise $20 billion at a $1.25 trillion valuation, the Financial Times reported on

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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