Report: OpenAI's next funding round cut by $10B amid AI stock selloff, MGX now largest investor

YvesMulkers · x · 2026-11-01

Amid an AI stock selloff, OpenAI's next funding round has reportedly been cut by $10B, with UAE fund MGX emerging as the largest remaining investor. The poster reads the pullback as a signal that investor confidence is wavering before any roadmap shift — unconfirmed by OpenAI itself.

Related event: OpenAI Cuts Funding Target to $20B as Valuation Slides to $1.25 Trillion(17 posts)→

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