---
title: "OpenAI pares fundraising goal, now seeking up to $20 billion in latest round"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303839176.md"
description: "OpenAI has reduced its fundraising target from $30 billion to up to $20 billion in a new round, aiming for a post-money valuation of $1.25 trillion. The deal, led by UAE investors and Coatue, is still in progress with a Friday deadline for commitments. This adjustment follows broader market concerns regarding the return on investment for massive AI infrastructure spending by major tech firms, which recently caused declines in AI-linked stocks."
datetime: "2026-10-31T19:56:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303839176.md)
  - [en](https://longbridge.com/en/news/303839176.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303839176.md)
generator: "portal-rs"
---

# OpenAI pares fundraising goal, now seeking up to $20 billion in latest round

OpenAI CEO Sam Altman speaking at Oracle AI World in Las Vegas, Nevada, on Oct. 27, 2026.

CNBC

OpenAI is seeking to raise up to $20 billion in a new funding round, CNBC confirmed on Saturday, paring back its earlier target of up to $30 billion.

The funding round is still in progress and has not closed, so the figures are subject to change, a person directly familiar with the deal told CNBC, asking to remain unnamed as they were not authorized to discuss the details publicly.

OpenAI did not immediately respond to a request for comment.

The Financial Times first reported that OpenAI had reduced its target for the round by $10 billion, and said the company would seek a post-money valuation of $1.25 trillion. According to FT, the ChatGPT developer set a Friday deadline for investors to commit to ​the newest round, with some investors opting to reduce their allocations.

Investors from the United Arab Emirates are leading the round alongside Coatue, as CNBC previously reported.

News that the ChatGPT developer slashed its funding round follows a week when investors asked whether big tech firms' spending on AI, especially to build out data centers and snap up GPUs, will deliver adequate returns.

AI-linked stocks sank on Friday, with chip maker Intel down 25% on lackluster revenue guidance, Micron down 5.5%, and Nvidia falling 4%. 

Microsoft, Alphabet's Google and Amazon have been on a spending blitz in recent years to meet the surge in demand for AI infrastructure, but all three issued capex figures or forecasts last week that came in below analysts' estimates. 

Alphabet saw its worst trading day ever on Thursday after its search revenue fell short of expectations. Philipp Schindler, the company's chief business officer, said the impact on search was partly because of lower monetization within the company's AI Mode.

### Related Stocks

- [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md)
- [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md)
- [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md)
- [INTC.US](https://longbridge.com/en/quote/INTC.US.md)
- [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md)
- [MU.US](https://longbridge.com/en/quote/MU.US.md)
- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [AMAA.US](https://longbridge.com/en/quote/AMAA.US.md)
- [AMZD.US](https://longbridge.com/en/quote/AMZD.US.md)
- [AMZG.US](https://longbridge.com/en/quote/AMZG.US.md)
- [AMZO.US](https://longbridge.com/en/quote/AMZO.US.md)
- [AMZP.US](https://longbridge.com/en/quote/AMZP.US.md)
- [AMZU.US](https://longbridge.com/en/quote/AMZU.US.md)
- [AMZW.US](https://longbridge.com/en/quote/AMZW.US.md)
- [AMZY.US](https://longbridge.com/en/quote/AMZY.US.md)
- [AMZZ.US](https://longbridge.com/en/quote/AMZZ.US.md)
- [ANV.US](https://longbridge.com/en/quote/ANV.US.md)
- [AZYY.US](https://longbridge.com/en/quote/AZYY.US.md)
- [DIPS.US](https://longbridge.com/en/quote/DIPS.US.md)
- [GGLL.US](https://longbridge.com/en/quote/GGLL.US.md)
- [GGLS.US](https://longbridge.com/en/quote/GGLS.US.md)
- [GOIB.US](https://longbridge.com/en/quote/GOIB.US.md)
- [GOOL.US](https://longbridge.com/en/quote/GOOL.US.md)
- [GOOP.US](https://longbridge.com/en/quote/GOOP.US.md)
- [GOOW.US](https://longbridge.com/en/quote/GOOW.US.md)
- [GOOX.US](https://longbridge.com/en/quote/GOOX.US.md)
- [GOOY.US](https://longbridge.com/en/quote/GOOY.US.md)
- [GOU.US](https://longbridge.com/en/quote/GOU.US.md)
- [INT.US](https://longbridge.com/en/quote/INT.US.md)
- [INTW.US](https://longbridge.com/en/quote/INTW.US.md)
- [INYY.US](https://longbridge.com/en/quote/INYY.US.md)
- [LINT.US](https://longbridge.com/en/quote/LINT.US.md)
- [MSFC.US](https://longbridge.com/en/quote/MSFC.US.md)
- [MSFD.US](https://longbridge.com/en/quote/MSFD.US.md)
- [MSFL.US](https://longbridge.com/en/quote/MSFL.US.md)
- [MSFO.US](https://longbridge.com/en/quote/MSFO.US.md)
- [MSFU.US](https://longbridge.com/en/quote/MSFU.US.md)
- [MSFW.US](https://longbridge.com/en/quote/MSFW.US.md)
- [MSFX.US](https://longbridge.com/en/quote/MSFX.US.md)
- [MSFY.US](https://longbridge.com/en/quote/MSFY.US.md)
- [MUD.US](https://longbridge.com/en/quote/MUD.US.md)
- [MULL.US](https://longbridge.com/en/quote/MULL.US.md)
- [MUU.US](https://longbridge.com/en/quote/MUU.US.md)
- [MUZ.US](https://longbridge.com/en/quote/MUZ.US.md)
- [NVC.US](https://longbridge.com/en/quote/NVC.US.md)
- [NVD.US](https://longbridge.com/en/quote/NVD.US.md)
- [NVDB.US](https://longbridge.com/en/quote/NVDB.US.md)
- [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md)
- [NVDG.US](https://longbridge.com/en/quote/NVDG.US.md)
- [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md)
- [NVDO.US](https://longbridge.com/en/quote/NVDO.US.md)
- [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md)
- [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md)
- [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md)
- [NVDW.US](https://longbridge.com/en/quote/NVDW.US.md)
- [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md)
- [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md)
- [NVIB.US](https://longbridge.com/en/quote/NVIB.US.md)
- [NVII.US](https://longbridge.com/en/quote/NVII.US.md)
- [NVIT.US](https://longbridge.com/en/quote/NVIT.US.md)
- [NVW.US](https://longbridge.com/en/quote/NVW.US.md)
- [NVYY.US](https://longbridge.com/en/quote/NVYY.US.md)
- [NYYY.US](https://longbridge.com/en/quote/NYYY.US.md)
- [07388.HK](https://longbridge.com/en/quote/07388.HK.md)
- [07788.HK](https://longbridge.com/en/quote/07788.HK.md)
- [09388.HK](https://longbridge.com/en/quote/09388.HK.md)
- [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md)

## Related News & Research

- [Microsoft Stock Slips Despite Strong Azure Growth: Analysts Debate AI Spending](https://longbridge.com/en/news/303607197.md)
- [Microsoft's cloud growth, cash flow offer respite from AI spending fears](https://longbridge.com/en/news/303461196.md)
- [Amazon CEO sees AI spending 'meaningfully' higher in 2027](https://longbridge.com/en/news/303639910.md)
- [Google struggling to make AI Mode searches pay](https://longbridge.com/en/news/303475055.md)
- [Why Alphabet's stock could see its worst drop in years after the latest results](https://longbridge.com/en/news/303530212.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**