OpenAI seeks $30B raise at $1.25T valuation

How it developed

1. October 22, 2026TechCrunch AIWhere it started

   OpenAI seeks $30B raise at $1.25T valuation

2. October 30, 2026Lev Selector

   OpenAI Raises Capital at $1.25 Trillion Valuation

   The funding round is now complete.

3. October 31, 2026TechCrunch AI

   OpenAI cuts funding target to $20B amid tepid demand

   OpenAI cuts its fundraising target to $20 billion and secures only $11 billion as investor demand cools.