# OpenAI reportedly lowers funding target for new round

> **Publication**: aitalky (Independent AI Journalism)
> **Canonical Citation URL**: https://aitalky.vercel.app/news/openai-reportedly-lowers-funding-target-for-new-round
> **Original Source**: [TechCrunch AI](https://techcrunch.com/2026/10/31/openai-reportedly-lowers-funding-target-for-new-round/)
> **Author**: Anthony Ha (undefined)
> **Published Date**: Saturday, October 31, 2026
> **Category**: INDUSTRY
> **Tags**: AI, TechCrunch AI, industry

## Executive Summary
OpenAI's latest funding round doesn't seem to be living up to expectations



## Full Coverage
OpenAI's latest funding round isn't quite living up to expectations, according to multiple news reports

OpenAI was previously reported to be raising $30 billion at a $1.4 trillion valuation , and then at a $1.25 trillion valuation , ahead of a planned IPO. But The Financial Times reported Friday that the company has subsequently lowered its funding target to $20 billion, with a first close that's expected to be even lower than that

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