Language:
US Stock News and Commentaries
OpenAI Pares back Fundraising Target, Seeks USD20B Max. in Latest Funding Round
02 Nov 2026 09:29
CNBC confirmed on Saturday that OpenAI is seeking to raise up to USD20 billion in its latest funding round, down from an earlier target of as much as USD30 billion.

A person with direct knowledge of the deal told CNBC that the funding round is still ongoing and has not yet been finalized, meaning the figures could still change. The person requested anonymity because they were not authorized to discuss the details publicly.

OpenAI did not immediately respond to requests for comment.
~

AASTOCKS Financial News
Website: www.aastocks.com
SG Top Picks
Stock & Type Code Strike(Call Level) Last Effective Gearing
Nvidia (C) 11185 275 (-) 0.014 18.6 X
Nvidia (P) 11090 168 (-) 0.039 8.0 X
AMZN (P) 11137 180 (-) N/A N/A

 

Information Provided byAAStocks Financial News [Disclaimer]
Subscribe Newsletter
Get the latest news from us by inputing your email address here.
(Please read our Privacy Policy)