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OpenAI cuts funding target to about $20B at $1.25T, FT reports

The Financial Times reports OpenAI now seeks about $20 billion at a $1.25 trillion valuation, down from $30 billion at $1.4 trillion, after a steep AI-related stock selloff. CoinDesk, which relays the FT report, says OpenAI had no comment in its article. TopFive could not open the FT piece itself.

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Made the five · #4 on Saturday, October 31, 2026

OpenAI cuts its raise to $20B as AI stocks slide

Primary source

CoinDesk (citing the Financial Times)coindesk.com/business/2026/10/30/openai-reportedly-cuts-fundraising-target-amid-ai-jitters

Coverage · 14 articles, oldest first

Friday, October 30, 2026

20:05
Financial Times
OpenAI slashes funding target by $10bn as tech anxieties mount
20:33
The Information
OpenAI Lowers Fundraising Target–After Decreasing Possible Valuation
21:10
Financial Times
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
21:10
Reuters
reuters.com/business/openai-cuts-funding-target-by-10-billion-ft-reports-2026-10-31/
21:40
CoinDesk
coindesk.com/business/2026/10/30/openai-reportedly-cuts-fundraising-target-amid-ai-jitters
22:40
The Wall Street Journal91 pts on HN
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
22:40
Finimize
finimize.com/content/openai-trimmed-its-fundraising-target-by-10-billion
23:10
Reuters
economictimes.indiatimes.com/tech/artificial-intelligence/openai-cuts-funding-target-by-10-billion-ft/articleshow/135384941.cms
23:40
The Wall Street Journal
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
23:40
New York Post
nypost.com/2026/10/30/tech/sam-altman-roasted-over-comments-suggesting-ordinary-people-are-wasting-limited-computer-memory/

Saturday, October 31, 2026

00:10
Channel NewsAsia
channelnewsasia.com/business/openai-slashes-funding-target-10-billion-amid-tech-rout-ft-reports-6508816
00:40
Political.org
political.org/2026/10/30/openai-cuts-funding-target-by-10-billion-to-20-billion-as-tech-stocks-slide/
01:10
Bloomberg Law
news.bloomberglaw.com/tech-and-telecom-law/openai-funding-goal-cut-by-10-billion-as-ai-stocks-dip-ft-says
03:10
Coinpedia Fintech News
coinpedia.org/crypto-live-news/openai-cuts-funding-target-by-10-billion-and-valuation-by-150-billion-amid-tech-selloff/

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