Home Technology OpenAI slashes funding target by $10 billion amid tech rout, FT reports (Oct. 30)

OpenAI slashes funding target by $10 billion amid tech rout, FT reports (Oct. 30)

OpenAI slashes funding target by $10 billion amid tech rout, FT reports (Oct. 30)

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Published: November 2, 2026 16:29:06 IST

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(Corrects paragraph 2 in Oct. 30 story to say earlier valuation target was $1.4 trillion, not $1.4 billion) Oct 30 (Reuters) – OpenAI has slashed the target for its latest funding round by $10 billion

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

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