MINUTES
About Minutes
Back to latest

EconomyOpenAI cuts fundraising target, now seeking up to $20 billion in latest round

OpenAI has lowered its target for its latest funding round to as much as $20 billion. A person directly familiar with the deal told CNBC that the round is ongoing and has not closed, so the figures may change.

OpenAIfundraisingtechnology companies

CCNBC★★☆☆☆2026-10-31 19:56Original

OpenAI cuts fundraising target, now seeking up to $20 billion in latest round
OpenAI cuts fundraising target, now seeking up to $20 billion in latest roundEconomy