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OpenAI funding and valuation

This dossier tracks OpenAI fundraising targets, reported investor commitments and announced closings.

Last updated : 1 key moments
OpenAI wordmark.
OpenAI wordmark, used to identify the company. — OpenAI, Wikimedia Commons — public domain (PD-textlogo).

Where things stand

As of 31 October 2026, reporting puts the reduced target at $20 billion; a closing of that size is not established here.

Reported information

OpenAI reportedly cuts fundraising target from $30 billion to $20 billion

OpenAI is now seeking $20 billion, down from an initial $30 billion, at a $1.25 trillion valuation, the Financial Times reported, according to Reuters on 30 October 2026.

OpenAI wordmark.
OpenAI wordmark, used to identify the company. — OpenAI, Wikimedia Commons — public domain (PD-textlogo).

The Wall Street Journal separately reports about $11 billion in commitments so far, according to Investing.com. These are reported commitments, rather than a public $20 billion closing or proof that all funds have been received.

The earlier valuation target was $1.4 trillion. Reporting places the adjustment amid investor caution over AI spending. The round's final terms and actually closed amount are not established by the consulted sources.

Sources 4