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OpenAI Reduces Funding Target Amid Investor Caution

Source: TechCrunch - Published: 31 Oct 2026 19:12

OpenAI has reportedly lowered its funding target for its latest round from $30 billion to $20 billion, reflecting a shift in investor sentiment. The company has secured $11 billion so far, but responses from large investors have been described as 'tepid.' The funding round will be led by investors from the UAE, with a potential retail offering for wealthy individuals to help reach the target.

Briefed by Gibik from the original source.