OpenAI is seeking to raise up to $20 billion in a new funding round, down from an earlier target of about $30 billion, reflecting broader tech market selloff and increased investor scrutiny on AI investments. The round values OpenAI at $1.25 trillion post-money, with investors from the UAE and Coatue leading the funding. The funding round remains open and terms could still change. This move follows recent declines in AI-related stocks and concerns about big tech's AI spending returns, highlighting cautious investor sentiment in the AI sector.
OpenAI's latest funding round seeks up to $20 billion, down from an earlier $30 billion target. For readers following the technology sector, here is Pluang's market snapshot as of Nov 01, 2026 01:02 WIB: out of 150 priced tech stocks, 26 rose and 124 fell. Notable movers include QCOM at USD 164.81 with an 11.11% decline and a typical hold time of 88 days, AMD at USD 504.98 down 10.85%, and DELL at USD 424.16 down 10.77%.
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