Saturday, October 31, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

OpenAI reduces its $10 billion fundraising goal amid doubts about AI

OpenAI reduces its $10 billion fundraising goal amid doubts about AI

Photo: Cointribune

OpenAI has reportedly reduced its fundraising target by 10 billion dollars, according to the Financial Times on October 30, 2026. The company behind ChatGPT is now seeking 20 billion dollars, down from the initial 30 billion. Its targeted valuation also decreases from 1,400 to 1,250 billion dollars. This revision comes as investors become more cautious about the colossal spending in AI. L’article OpenAI reduces its $10 billion fundraising goal amid doubts about AI est apparu en premier sur Cointribune .

Source: Cointribune

Latest in Crypto Today

All Crypto Today stories