@OpenAI reduces its $10 billion fundraising goal amid doubts about AI OpenAI has reportedly reduced its fundraising target by 10 billion dollars, according to the Financial Times on October 30, 2026. The company behind ChatGPT is now seeking 20 billion dollars, down from the initial 30 billion. Its targeted valuation also decreases from 1,400 to 1,250 billion dollars. This revision comes as investors become more cautious about the colossal spending in AI.
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