OpenAI Wanted To Raise $30 Billion. Now It's Asking Investors For a Third Less.

Source: International Business Times

Open AI CEO Sam Altman delivers the keynote address during the OpenAI developers conference at Fort Mason on Sept. 29, 2026 in San Francisco, California. Getty Images OpenAI is reportedly cutting its latest fundraising target by $10 billion, seeking up to $20 billion instead of the $30 billion it had initially hoped to raise as investors take a more cautious approach to the enormous sums being invested in artificial intelligence.

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