OpenAI cuts funding target by $10B, now seeking $20B at $1.25T valuation: FT

toptickcrypto · x · 2026-10-31

Per the Financial Times, OpenAI has cut its funding target by $10 billion and is now seeking to raise $20 billion at a $1.25 trillion valuation. The tweet's author jokes about an Anthropic IPO in response. A major shift in OpenAI's fundraising plans with headline-grabbing numbers.

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