Ai Tech
OpenAI Cuts Funding Target by $10 Billion and Valuation by $150 Billion Amid Tech Selloff
Coinpedia·October 31, 2026·1 min read
OpenAI cut its funding target by $10 billion and valuation by $150 billion amid this week's tech selloff, per the Financial Times. The company now seeks $20 billion at a $1.25 trillion valuation, down from $30 billion at $1.4 trillion. The reduction reflects market conditions affecting AI investments.
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