OpenAI raises just $11B of its $30B target at $1.25T valuation as big investors pull back
The Decoder · rss · 2026-10-31
OpenAI raised only about $11 billion in its latest funding round, less than half of the $30 billion it was targeting, per The Decoder.
- The round values the company at $1.25 trillion, below prior expectations.
- Major investors appear to be pulling back from AI amid the recent tech sell-off.
- Meanwhile, rival Anthropic is pushing to go public as early as November.
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