OpenAI cuts funding round target to $20B as valuation drops to $1.25T
Sources tell the Financial Times OpenAI has shrunk its latest fundraising ask after investors pulled back amid a broader AI selloff.
Part of a larger narrative
The AI Chip Bubble
- OpenAI cuts funding round target to $20B as valuation drops to $1.25Tyou are here
- S&P cuts Meta outlook to negative over $252B AI capex and cash flow deficits
- OpenAI launches election 'war room' ahead of US midterms
- OpenAI Reportedly Plans to Buy Google's TPUs, Diversifying From Nvidia
- Oracle moves to raise $20 billion in stock and bonds to fund AI buildout
What to know
- OpenAI's funding target has fallen from $30B/$1.4T valuation to roughly $20B/$1.25T valuation, per FT sources.
- The cut coincides with an AI stock selloff and some investors trimming their commitments to the round.
- The report signals the first visible crack in OpenAI's previously unchecked fundraising momentum.
OpenAI AI company raising capitalOpenAI's investors Unnamed backers in the funding round
How it unfolded 2 developments, newest first · click a bar or a number to jump articlespostscomments
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FT reports OpenAI shrinks funding round to $20B
Financial Times sources say OpenAI now seeks about $20 billion at a $1.25 trillion valuation for its latest round, down from a prior target of $30 billion at a $1.4 trillion valuation, as some investors cut their commitments amid an AI selloff.
“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 -
first by WOWTALE, 8d ago · also Coinpedia Fintech News, Reuters, The Economic Times, Investing.com News, Channel NewsAsia, FT +3
11 more headlines
- OpenAI Cuts Funding Target by $10 Billion and Valuation by $150 Billion Amid Tech Selloff Coinpedia Fintech News · 8d ago
- OpenAI Cuts Funding Target by $10 Billion to $20 Billion as Tech Stocks Slide Political.org · 8d ago
- OpenAI cuts funding target by $10 billion: FT Reuters · 8d ago
- OpenAI cuts funding target by $10 billion, FT reports Reuters · 8d ago
- OpenAI cuts funding target by $10 billion to $20 billion - FT Investing.com News · 8d ago
- OpenAI slashes funding target by $10bn as tech anxieties mount Financial Times · 8d ago
- OpenAI Cuts Funding Target by $10 Billion as Investor Jitters Shake AI Markets PYMNTS.com · 8d ago
- OpenAI Funding Target Cut by $10 Billion as AI Slumps, FT Says Bloomberg Tech · 8d ago
- OpenAI Funding Target Cut by $10 Billion as AI Slumps, Report Says Bloomberg.com · 8d ago
- OpenAI slashes funding goal by $10B amid tech selloff: FT Seeking Alpha · 8d ago
- OpenAI slashes funding target by $10 billion amid tech rout, FT reports CNBC · 8d ago
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first by WSJ, 8d ago · also WSJ Tech, HN Best, HN Frontpage, Investing.com News, The Decoder
4 more headlines
- 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 Wall Street Journal · 8d ago
- OpenAI raises less than half of $30B target HN Best · 8d ago
- OpenAI raises just $11bn of $30bn target as AI investor appetite cools - WSJ Investing.com News · 8d ago
- OpenAI raises just $11 billion of its $30 billion target as big investors lose their AI appetite The Decoder · 8d ago
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Less than a month ago, OpenAI was looking to raise “at least” $30 billion at a valuation of $1.4 trillion. Today it raised $11 billion at $1.25 trillion valuation and faced “tepid” interest from investors. It is unclear what OpenAI does at this point. That’s not even a quarter’s compute.
2 more of the top 3 · 37 posts in this stretch
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OpenAI has reportedly raised an additional $11 billion as part of a funding round that hasn't closed yet but is expected to in the coming weeks. https:// techcrunch.com/2026/11/06/open ai-reportedly-raises-an-additional-11-billion-at-a-1-25-trillion-valuation/?utm_source=dlvr.it&utm_medium=mastodon
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I think a lot of companies are struggling to move beyond this being a thing developers use to something everyone can use. Developers have to go really far out of their way to build agents and tools that apply the capabilities to their specific business. Someone in accounting cannot simply fire up chatgpt.com or copilot and use it in the same way a…
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Tech press and aggregators pick up the funding cut
The FT scoop was aggregated by Techmeme and circulated on Hacker News and Mastodon, framed as evidence of mounting tech-sector anxiety about AI valuations.
“OpenAI slashes funding target by $10B as tech anxieties mount…”
— zomtorg
Also covered reported alongside — the timeline has no entry for these yet
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first by CoinGape, 8d ago · also Bloomberg Law
1 more headline
- OpenAI Funding Goal Cut by $10 Billion as AI Stocks Dip, FT Says Bloomberg Law · 8d ago
and 2 smaller pieces
What people are saying 21 voices from 5 sites · best of 37 · verbatim
- Nov 3
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I do know what return on investment is. Now do you know that return in this context can be different things or are you an idiot? Personal Value can be seen as the return. Theres no rule in reality stopping that so your comment is irrelevant.
- Nov 1
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📉 OpenAI Lowers Target OpenAI has cut its funding target to $20 billion. It was earlier seeking $30 billion at a $1.4 trillion valuation. Investor response has been lukewarm.
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Look. Some say AI improves speed. It might also improve quality - if you use it as a tool, with a full understanding of what's happening in your system and preserved ability to maintain that system even if AI disappears one day for whatever reason. But since all the competitors are jumping into AI, most won't focus on quality, but on delivering…
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Reality is beginning to set in. Not quite there yet, imho, but a move toward normalization means less marketing hype and reactive angst. https:// techcrunch.com/2026/10/31/open ai-reportedly-lowers-funding-target-for-new-round/ # openai
- Oct 31
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AI: OpenAI has cut its funding round to about $20bn at a $1.25tn valuation, down from a $30bn target at $1.4tn, with a UAE consortium as anchor investor. cnbc.com
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AI imagination flickers with something new: OpenAI reportedly lowers funding target for new round Source: techcrunch.com #techcrunch
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OpenAI’s latest funding round doesn't seem to be living up to expectations. https:// techcrunch.com/2026/10/31/open ai-reportedly-lowers-funding-target-for-new-round/?utm_source=dlvr.it&utm_medium=mastodon
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No archive.{today,is,ph,md}, no wallhop.io, no Javascript, no User-Agent heaader, no cookies, HTTPS optionalText-only (simple HTML) tnftp -o/dev/stdout https://assets.msn.com/content/view/v2/Detail/en-in/AA2grM9h \ |grep -o "<p.*</p>" \ |tr -d '\134' \ |sed '1s/^/<meta charset=utf-8>/' > 1.htm firefox ./1.htm Text-only…
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I think Steve Jobs' quote sums this up beautifully:"This is a field where one does not write a Principia which holds up for 200 years. This is not a field where one paints a painting that'll be looked at for centuries, or builds a church that will be admired and looked at in astonishment for centuries.No, this is a field where one does one's work…
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(WSJ) - OpenAI has raised less than half of the $30 billion it had initially targeted for its latest funding round, with market jitters over the AI trade dampening investor appetite for one of the industry’s biggest names. @wsj.com
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There was SO MUCH controversy with naiver-stock's that the quazi-riehman example can serve better. There's an old joke about mathematical proofs that they can be so lousy and incorrect a lot of the time that writing "IT IS OBVIOUS THAT" some there in the middle of the work can sort of serve as a proof.
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the sad thing is that climate change adaptation and mitigation can actually be very profitable! this is not even a problem of profits over principles, it's just stupidity
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OpenAI may be forced to accelerate faster and release internal models like Bel publicly to catch up now. Otherwise market share and valuation will continue to drop.
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Yeah Google spend so much developing that ai search and answer, they did not realize it was going to massively decrease their ad revenue due to nobody clicking “out” to other websites any more.
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The consequences of humans discovering proofs for theorems is that along the way we invent new technology that have other applications than maths. Is there some positive externality here to proving the quasi-RH or are we just intellectually masturbating over the speaking machine?
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it’s kinda crazy but i do think we’re seeing a turnmy company was easily spending $1m/month on tokenssonnet 5.5 drops - we barely cracked half this monthit has to go down too, carbon is interesting, china has qwen 4 sooncoding isn’t sustainable growth - RLRVF is really effective for software development - labs are cracking the code, these models…
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The problem with AI is that, this time, nobody was caught off guard. From small startups to tech giants, everyone bet heavily on it. There are very good open-weight Chinese models, and even a French miracle. There is no winner-take-all.So models are already a commodity, and will remain one for years. Companies must balance capex with very long…
- Oct 30
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‘After receiving tepid interest from some large investors, OpenAI has so far secured roughly $11 billion in commitments for the new financing. The deal values the company at $1.25 trillion—less than the $1.4 trillion valuation that it had earlier hoped to achieve.’
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OpenAI has cut its fundraising target to $20B from $30B and lowered its target valuation to $1.25T from $1.4T, per FT Some investors reduced commitments amid the AI selloff The initial close is expected to fall short of $20B, with a later offering potentially filling the gap
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OPENAI HAS REPORTEDLY CUT THE TARGET FOR ITS LATEST FUNDING ROUND BY $10 BILLION It's now looking to raise $20 billion at a $1.25 trillion valuation, down from a plan to raise $30 billion, per the Financial Times
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House of cards now falling apart *OPENAI SLASHES LATEST FUNDING TARGET BY $10B: FT *OPENAI NOW SEEKING ABOUT $20B AT A $1.25T VALUATION: FT Translation: Abu Dhabi passed on $30BN.