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OpenAI Cuts Funding Target by $10 Billion and Valuation by $150 Billion Amid Tech Selloff

By Qadir AK at 2026-10-31 03:46

Sentiment: Negative

The post OpenAI Cuts Funding Target by $10 Billion and Valuation by $150 Billion Amid Tech Selloff appeared first on Coinpedia Fintech News OpenAI has reduced its funding target by $10 billion and its valuation by $150 billion amid this week’s technology stock selloff, according to the Financial Times. The company is now seeking to raise $20 billion at a $1.25 trillion valuation, down from its earlier target of $30 billion at a $1.4 trillion valuation. OpenAI had … Continue reading...

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Tags: #Short News #Funding

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