{"id":750715,"date":"2026-10-31T22:20:41","date_gmt":"2026-10-31T19:20:41","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/openai-cuts-its-funding-round-target-to-20bn-ft-reports\/"},"modified":"2026-10-31T22:20:41","modified_gmt":"2026-10-31T19:20:41","slug":"openai-cuts-its-funding-round-target-to-20bn-ft-reports","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/openai-cuts-its-funding-round-target-to-20bn-ft-reports\/","title":{"rendered":"OpenAI cuts its funding round target to $20bn, FT reports"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6af3eba32fbb0\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6af3eba32fbb0\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/openai-cuts-its-funding-round-target-to-20bn-ft-reports\/#A_first_close_below_20bn\" >A first close below $20bn<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/openai-cuts-its-funding-round-target-to-20bn-ft-reports\/#Ahead_of_Anthropic\" >Ahead of Anthropic<\/a><\/li><\/ul><\/nav><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/media.thenextweb.com\/2026\/10\/sam-altman-grey-sweater-yellow-chair-outdoors.avif\" \/><\/p>\n<div id=\"article-main-content\">\n<p>OpenAI has cut the target for its latest funding round by $10bn, to about $20bn. The <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/7a3ad950-1b3b-4d9e-8c15-65a61ae6180f\" target=\"_blank\" rel=\"nofollow noopener\">Financial Times<\/a> reported the cut on Friday 30 October, citing people with knowledge of the matter. Some investors reduced their commitments as AI stocks sold off, according to the report.<\/p>\n<p>The round values OpenAI at $1.25tn. The company had first pitched $30bn at $1.4tn, then cut the valuation last week. TNW has not independently verified the report.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_first_close_below_20bn\"><\/span>A first close below $20bn<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>OpenAI set Friday as the deadline for investors to commit, the FT reported. The first close will likely raise less than $20bn.<\/p>\n<p>OpenAI has raised less than half of the $30bn it first sought, people familiar with the matter told the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/finance\/the-new-bottleneck-in-americas-ai-build-out-a-shortage-of-cheap-money-0c14c84d\" target=\"_blank\" rel=\"nofollow noopener\">Wall Street Journal<\/a>.<\/p>\n<p>Investors from the United Arab Emirates, including the state-backed fund MGX, will likely be the largest backers, according to the FT. As part of the deal, OpenAI would get the option to lease new computing capacity in the region.<\/p>\n<p>Founders Fund, Coatue, Sequoia Capital and Andreessen Horowitz also plan to invest, the FT reported. Wealthy individuals can buy in later through a retail offering at the same $1.25tn valuation.<\/p>\n<p>OpenAI, MGX, Coatue, Sequoia and Andreessen Horowitz did not im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely respond to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/openai-cuts-funding-target-by-10-billion-ft-reports-2026-10-31\/\" target=\"_blank\" rel=\"nofollow noopener\">Reuters<\/a>, which could not reach Founders Fund.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ahead_of_Anthropic\"><\/span>Ahead of Anthropic<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>OpenAI plans to list in 2027. It wants to close the round before Anthropic lists, because the two companies draw on similar investors, Reuters has reported. Anthropic made its IPO filing public on Monday.<\/p>\n<p>The cut comes after a week of falls in AI stocks. The Nasdaq fell 2.9% on Friday, Reuters reported. It now sits 7.8% below its record close on 6 October. Alphabet\u2019s shares fell 12% on Thursday after its results.<\/p>\n<\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" target=\"_blank\" >Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thenextweb.com\/news\/openai-funding-round-20bn-target-cut-ft\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OpenAI has cut the target for its latest funding round by $10bn, to about $20bn. The Financial Times reported the cut on Friday 30 October, citing people with knowledge of the matter. Some investors reduced their commitments as AI stocks sold off, according to the report. The round values OpenAI at $1.25tn. The company had&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-750715","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/750715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=750715"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/750715\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=750715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=750715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=750715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}