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OpenAI cuts latest funding target by $10 billion amid tech rout, FT reports
2026-10-31•SiTech AI Team

OpenAI cuts latest funding target by $10 billion amid tech rout, FT reports

OpenAI has reduced the target for its latest funding round by $10 billion amid a tech stock selloff driven by AI worries, the Financial Times reports, with the ChatGPT maker now seeking about $20 billion.