OpenAI Funding Target Cut by $10 Billion as AI Slumps, FT Says

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OpenAI has cut its fundraising target by $10 billion as an AI stock selloff and rival Anthropic PBC’s impending public listing complicate its efforts to secure investor commitments, the Financial Times reported.

document fetched 2026-11-01 02:56 · canonical https://bloomberg.com/news/articles/2026-10-31/openai-funding-goal-cut-by-10-billion-as-ai-stocks-dip-ft-says