Categories: Technology

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

Oct 30 (Reuters) – OpenAI has slashed the target for its latest funding round by $10 billion amid a selloff in tech stocks driven by AI worries, the…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: October 31, 2026 08:12:08 IST

Oct 30 (Reuters) – OpenAI has slashed the target for its latest funding round by $10 billion amid a selloff in tech stocks driven by AI worries, the Financial Times reported on Friday, citing people

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: October 31, 2026 08:12:08 IST

Recent Posts

UPDATE 2-SoftBank-backed OPay withdraws $304 million US IPO after regulatory inquiry

(Recasts with OPay withdrawing IPO, updates throughout with company statement) Oct 30 (Reuters) - SoftBank-backed…

October 31, 2026

OpenAI cuts funding target by $10 billion, FT reports

Oct 30 (Reuters) - OpenAI has slashed the target for its latest funding round by…

October 31, 2026

OpenAI cuts funding target by $10 billion, FT reports

Oct 30 (Reuters) - OpenAI has slashed the target for its latest funding round by…

October 31, 2026