{"id":92457,"date":"2026-11-02T06:48:31","date_gmt":"2026-11-02T11:48:31","guid":{"rendered":"https:\/\/hedgeco.net\/news\/11\/2026\/openai-cut-its-funding-round-target-to-up-to-20-billion-at-a-1-25-trillion-valuation.html"},"modified":"2026-11-02T06:48:31","modified_gmt":"2026-11-02T11:48:31","slug":"openai-cut-its-funding-round-target-to-up-to-20-billion-at-a-1-25-trillion-valuation","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2026\/openai-cut-its-funding-round-target-to-up-to-20-billion-at-a-1-25-trillion-valuation.html","title":{"rendered":"OpenAI Cut Its Funding Round Target to Up to $20 Billion at a $1.25 Trillion Valuation:"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2026\/11\/2026-11-02-openai-hero.jpg\" alt=\"OpenAI Cut Its Funding Round Target to Up to $20 Billion at a $1.25 Trillion Valuation\" \/><\/p>\n<p>HedgeCo.Net \u2014 OpenAI is now seeking to raise up to $20 billion in its latest funding round, down from an earlier target of about $30 billion, CNBC confirmed on Saturday after the Financial Times first reported the cut. The FT said the round values the ChatGPT developer at $1.25 trillion on a post-money basis.<\/p>\n<p>According to the FT, OpenAI set a Friday deadline for investors to commit, and some opted to reduce their allocations. Reports put the amount secured so far at about $11 billion. Investors from the United Arab Emirates are leading the round alongside Coatue, CNBC previously reported, and a person familiar with the deal said the round remains open and its terms could still change.<\/p>\n<p>OpenAI also plans to seek commitments from family offices and wealthy individuals, according to the reports, extending a pattern of the largest private technology companies tapping private wealth channels as institutional appetite becomes more selective.<\/p>\n<p>The smaller target follows a week in which investors questioned whether hyperscaler spending on data centers and chips will earn adequate returns. AI-linked stocks fell sharply on Friday, and several large technology companies issued capital expenditure figures or forecasts below analyst estimates.<\/p>\n<p>For venture and growth investors, the episode is a useful marker. Even the most sought-after private AI name is now negotiating size in a weaker public tape and that matters for how late-stage portfolios mark their AI exposure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net \u2014 OpenAI is now seeking to raise up to $20 billion in its latest funding round, down from an earlier target of about $30 billion, CNBC confirmed on Saturday after the F\u2026 <a class=\"continue_reading_link btn btn-mini\" href=\"https:\/\/hedgeco.net\/news\/11\/2026\/openai-cut-its-funding-round-target-to-up-to-20-billion-at-a-1-25-trillion-valuation.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":92456,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16286],"tags":[17219,17220,16307,17218,16476,8289],"class_list":["post-92457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-venture-capital","tag-ai-valuations","tag-coatue","tag-family-offices","tag-late-stage-funding","tag-openai","tag-venture-capital"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/92457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=92457"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/92457\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/92456"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=92457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=92457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=92457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}