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Reporting · 2 November 2026
OpenAI is seeking about $20 billion at a reported $1.25 trillion valuation, according to the Financial Times. The Information says it originally sought $30 billion at a $1.4 trillion valuation. The reported revisions reduce both the cash the company hopes to raise and the valuation attached to the investment. Those figures describe different things: a fundraising target is not the company's value.
The amount reportedly secured so far is roughly $11 billion, according to Wall Street Journal reporting relayed by The Decoder. That is reported progress in the fundraising effort, not evidence of a completed round. A person directly familiar with the deal told CNBC that it remained open and the figures could change.
A later offering to wealthy investors could bring total funding to $20 billion, according to TechCrunch’s account of the FT report.
The Decoder places the fundraising difficulties amid weaker interest from large investors and a tech-stock selloff. It also describes a competitive backdrop: Anthropic has recently been growing revenue faster and could soon raise public-market capital through an IPO.
OpenAI has reduced its fundraising target by $10 billion amid an AI stock selloff and the upcoming public listing of rival
Anthropic, the Financial Times reports. The FT says the company is finding it harder to secure investor commitments in the current market.
OpenAI has secured roughly $11 billion of its initial $30 billion target in its latest funding round, according to The Wall Street Journal. The company has lowered its target to $20 billion, with a first close expected to be even lower,
TechCrunch reports, citing the Financial Times. The round is still in progress and figures may change, a person familiar told
CNBC.
OpenAI has lowered the amount of capital it is seeking from investors in its latest fundraising round by $10 billion, the Financial Times reports. The company was initially aiming to raise $30 billion at a $1.4 trillion valuation, but has since reduced the valuation, according to The Information, citing the Financial Times.
OpenAI has cut its fundraising target by $10 billion, the Financial Times reports, as an AI stock selloff and rival Anthropic's impending public listing complicate its efforts to secure investor commitments. The company was initially seeking to raise $30 billion at a $1.4 trillion valuation, according to
The Information, and had already lowered its valuation last week.
