FILE PHOTO: OpenAI logo is seen in this illustration created on June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
31 Oct 2026 08:17AM
Oct 30 : AI startup OpenAI has slashed the target for its latest funding round by $10 billion and is now seeking to raise $20 billion at a $1.25 trillion valuation, the Financial Times reported on Friday, citing people with knowledge of the matter.
The company had said it was aiming to raise $30 billion at a $1.4 trillion valuation last month.
Source: Reuters
Source: CNA
At a glance
- Topic
- Business
- Country
- 🇸🇬 SG
- Publisher language
- EN
- Added to Allnira