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AIHOT · Published on 2026-11-01 00:12

Rumors suggest OpenAI is lowering its next funding round target to $20 billion

AI Brief

According to reports from the Financial Times and Wall Street Journal, OpenAI has reduced its target for the next funding round from a previously rumored $30 billion to $20 billion. The company has already raised $11 billion, with this round led by investors from the United Arab Emirates. Subsequent retail offerings targeting affluent individuals may help reach the $20 billion goal.

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