Anthropic · OpenAI · ChatGPT · Crypto Briefing
OpenAI trims its funding goal by $10 billion as AI investor demand cools
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The ChatGPT maker lowered its pre-money valuation target to $1.25 trillion after a lukewarm response from potential backers.
Key facts
- The company has also lowered the valuation target for its latest round from $1.4 trillion to $1.25 trillion pre-money
- OpenAI was valued at $852 billion after its largest funding round in March 2026
- The ChatGPT maker lowered its pre-money valuation target to $1.25 trillion after a lukewarm response from potential backers
- OpenAI has cut its funding goal by $10 billion as concerns about the technology sector grow
Summary
OpenAI has cut its funding goal by $10 billion as concerns about the technology sector grow. The company has also lowered the valuation target for its latest round from $1.4 trillion to $1.25 trillion pre-money. The reset follows disappointing demand from Morgan Stanley private-wealth clients and other prospective investors. Some investors reportedly feel fatigued after earlier large commitments to the company.