October 31, 2026
Breaking News
OpenAI Cuts Funding Target by $10 Billion and Valuation by $150 Billion Amid Tech Selloff Anthropic IPO Could Receive Junk Credit Rating Despite $800 Billion AI Spending Plan T+1 Settlement: What Did Wall Street Learn, and What Must Change Before 2027? Crypto News: Why Are Bitcoin, Ethereum And XRP Prices Crashing Today? How Binance Plans To Cover $6 Billion Hack Without Hitting Customers
AAPL 344.63 (-1.23%)
GOOGL 279.84 (-1.40%)
MSFT 521.91 (-1.55%)
AMZN 240.35 (-1.41%)
NVDA 204.64 (-4.22%)
INTC 65.76 (-28.58%)
FB 45.43 (-0.48%)
CSCO 104.51 (-3.76%)
GOOG 278.22 (-1.45%)
BABA 98.04 (-1.51%)
AAPL 344.63 (-1.23%)
GOOGL 279.84 (-1.40%)
MSFT 521.91 (-1.55%)
AMZN 240.35 (-1.41%)
NVDA 204.64 (-4.22%)
INTC 65.76 (-28.58%)
FB 45.43 (-0.48%)
CSCO 104.51 (-3.76%)
GOOG 278.22 (-1.45%)
BABA 98.04 (-1.51%)
Crypto NewsLatest NewsTrending

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

By October 31, 20261 min read

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 …

Source: Original Article