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OpenAI pares fundraising goal, seeking up to $20 billion in latest round

CNBC Top News · 2026-10-31
🤖 AI-generated content — The title and summary were produced automatically by artificial intelligence, without human editorial review.

OpenAI is seeking up to $20 billion in a new funding round, reducing its previous $30 billion target, according to sources. The ChatGPT developer reportedly targeted a $1.25 trillion post-money valuation with a Friday deadline for investor commitments. UAE investors and Coatue are leading the round, which remains open and subject to change.

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Source: CNBC Top News · via ahirlevel.hu

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