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FundingReported

OpenAI cuts its valuation target to $1.25tn as it nears a $30bn round

Context: OpenAI lowered the valuation it seeks for its new round to $1.25tn from $1.4tn after some investors pushed back, the Financial Times reported.

From The Next Web: OpenAI has lowered the valuation it is seeking for its new funding round to $1.25tn, from the $1.4tn it pitched earlier this month. Some investors had pushed back on the higher price, the Financial Times reported, citing documents it had seen.

OpenAI · $30BAs stated by The Next Web.

Source
The Next Web (thenextweb.com)
Published
First seen here
Edition
Sunday, October 25, 2026, ranked 5
Status
A publication reported this; the company may not have confirmed it.
Why it’s here
The largest private round in tech, with its valuation target cut after investor pushback.
Topics
AI, Openai, Venture capital