OpenAI has reportedly cut its funding target from $30B to $20B, per the FT and WSJ. A group of UAE investors is leading ...

OpenAI has reportedly cut its funding target from $30B to $20B, per the FT and WSJ. A group of UAE investors is leading the round, and $11B is secured so far. Some big investors reacted "tepidly" amid Wall Street worries about AI infrastructure spending. #AI #OpenAIRead more: https://techcrunch.com/2026/10/31/openai-reportedly-lowers-funding-target-for-new-round/