EventBusinessOctober 31, 2026

OpenAI cuts fundraising target to $20B as investors cool

Read original source →techcrunch.com

OpenAI lowered its target from $30B to $20B, with a first close expected below that; WSJ reports only $11B committed so far and a "tepid" response from some large investors. The round is led by a group of UAE investors, with a retail offering for wealthy individuals potentially closing the gap.

How this story unfolded

3 days · 3 reports · 2 community posts · from Oct 31

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