OpenAI slashes funding target by $10 billion amid tech rout, FT reports:
OpenAI has slashed the target for its latest funding round by $10 billion amid a selloff ...
reuters.com/business/openai-cuts-funding-target-by-10-billion-ft-reports-2026-10-31/
Story Details
| Last Updated | |
| Total Articles | 2 |
Main Topics
artificial intelligence company, owner and operator of ChatGPT, ChatGPT Enterprise and OpenAI’s API tools
act of providing financial or material resources to support an activity, organization, or cause; encompasses public, private, and illicit sources of finance
News on this topic
OpenAI slashes funding target by $10 billion amid tech rout, FT reports: Sam Altman's OpenAI is seeking about $20 billion with a desired valuation of $1 ...
cnbc.com/2026/10/31/openai-funding-target-cut-10-billion.html
Similar to This
Previous
htmedia.page.link Nov 07
OpenAI raises $11 billion at $1.25 trillion valuation amid concerns over AI spending and regulation
livemint.com/companies/news/openai-raises-11-billion-at-1-25-trillion-valuation-amid-concerns-over-ai-spending-and-regulation-11794022360992.html
OpenAI reportedly lowers funding target for new round | TechCrunch: OpenAI’s latest funding round doesn't seem to be living up to expectations.
techcrunch.com/2026/10/31/openai-reportedly-lowers-funding-target-for-new-round/
htmedia.page.link Oct 31
OpenAI's $30 billion funding ambition shrinks to $20 billion: What's worrying investors?
livemint.com/ai/artificial-intelligence/openais-30-billion-funding-ambition-shrinks-to-20-billion-whats-worrying-investors-11793407293385.html
Paid articlePaywall OpenAI slashes funding target by $10bn as tech anxieties mount : ChatGPT maker is now seeking about $20bn at a $1.25tn valuation as it tempers its ambitions
ft.com/content/7a3ad950-1b3b-4d9e-8c15-65a61ae6180f
Mira Murati and the 'Big Tech put': How the heck is a brand new startup worth $10 billion? Here are 2 explanations that revolve around how VC funds and Big Tech ...
businessinsider.com/mira-murati-big-tech-put-thinking-machines-lab-venture-capital-2025-4
Paid articlePaywall OpenAI Close to Finalizing $40 Billion SoftBank-Led Funding: OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp ...
bloomberg.com/news/articles/2025-03-26/openai-close-to-finalizing-its-40-billion-softbank-led-funding
Anthropic to raise $2 bln in deal valuing AI startup at $60 bln, WSJ says: AI startup Anthropic is in advanced talks to raise $2 billion in a deal valuing the ...
reuters.com/technology/artificial-intelligence/anthropic-raise-2-bln-deal-valuing-ai-startup-60-bln-wsj-reports-2025-01-07/
Paid articlePaywall OpenAI Rival Anthropic in Talks for Funding at $60 Billion Value: OpenAI rival Anthropic is in advanced talks to raise $2 billion in a funding round that would ...
bloomberg.com/news/articles/2025-01-07/anthropic-in-talks-for-funding-at-60-billion-value-wsj-says
Musk's xAI raises around $6 bln in equity financing: Elon Musk's artificial intelligence startup xAI said on Thursday it has raised around $6 billion in equity ...
reuters.com/technology/artificial-intelligence/musks-xai-raises-around-6-bln-equity-financing-2024-12-05/
ChatGPT for desktop, DeepL's voice translator, and startups get millions: This week's AI launches
qz.com/chatgpt-update-deepl-voice-translator-ai-startups-raise-1851700339
Elon Musk's AI startup reportedly in talks for $40 billion valuation: Frontier model developers are the most capital-intensive startups ever.
axios.com/2024/10/30/elon-musks-xai-40-billion
Key FactsxAI Seeks Funding Round Valuing Company at $40 Billion
Oct 29, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: forbes.com
Summary created with AI assistance · Source: forbes.com
- Elon Musk's AI firm xAI is exploring a funding round that may set its valuation at around $40 billion.
- Discussions regarding the funding are still in the early phases, leaving room for potential changes or cancellation of the deal.
- If successful, this funding could significantly boost xAI's value from its previous 24 billion dollar mark.
- However, even with this increase, xAI would still lag behind OpenAI, which is valued at 157 billion dollars and has faced criticism from Musk.
Paid articlePaywall OpenAI secures $4bn credit line after big funding round: (Reuters) -- OpenAI has secured a new $4 billion revolving credit line, the ChatGPT maker said on ...
asia.nikkei.com/Business/Technology/Artificial-intelligence/OpenAI-secures-4bn-credit-line-after-big-funding-round
Paid articlePaywall Japan’s SoftBank to invest $500m in Sam Altman’s OpenAI : The funding round is slated to be led by Thrive Capital, with Microsoft, Apple and Nvidia also in talks ...
businesspost.ie/tech-news/japans-softbank-to-invest-500m-in-sam-altmans-openai/
Paid articlePaywall Sam Altman told OpenAI staff the company’s non-profit corporate structure will change next year
fortune.com/2024/09/13/sam-altman-openai-non-profit-structure-change-next-year/
Report: Microsoft to further invest in OpenAI at more than $100B valuation: Microsoft is planning to participate in OpenAI's latest funding round ...
neowin.net/news/report-microsoft-to-further-invest-in-openai-at-more-than-100b-valuation/
dlvr.it Jun 12 24
Mistral AI raises $644M, hits $6.2B in valuation: French firm has nearly tripled in value since beginning of the year
theregister.com/2024/06/12/mistral_ai_funding/
Paid articlePaywall Musk’s xAI Nears Funding at $18 Billion Value Soon As This Week: Elon Musk’s artificial intelligence startup X.AI Corp. is set to close its funding round at a ...
bloomberg.com/news/articles/2024-05-09/musk-s-xai-nears-funding-at-18-billion-value-soon-as-this-week
/cloudfront-us-east-2.images.arcpublishing.com/reuters/CXAPZCMJR5P5FO4TF7API6YRLU.jpg)
Bezos, Nvidia join OpenAI in funding humanoid robot startup, Bloomberg reports: Amazon.com founder Jeff Bezos, Nvidia and other big technology names are ...
reuters.com/technology/bezos-nvidia-join-openai-funding-humanoid-robot-startup-bloomberg-reports-2024-02-23/
OpenAI in talks to raise new funding at $100 bln valuation - Bloomberg News
reuters.com/technology/openai-talks-raise-new-funding-100-bln-valuation-bloomberg-news-2023-12-22/
Tech Times Dec 22 23
OpenAI Rival Anthropic Is Reportedly in Talks to Raise $750 Million in Funding: OpenAI rival Anthropic is reportedly in advanced discussions to raise a $750 ...
techtimes.com/articles/299969/20231222/openai-rival-anthropic-reportedly-talks-raise-750-million-funding.htm
Next