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Rohan Paul· @rohanpaul_ai · X· · Original publication time AI score53

OpenAI fundraising round reportedly shrinks from $30B to about $20BMachine translation

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Bloomberg reports that OpenAI’s fundraising round has shrunk from $30B to about $20B, while its target valuation fell from $1.4T to $1.25T. According to the Financial Times, investors first pushed back on the price and then reduced their commitments. Even at the lower target, its pre-money valuation would be about 47% above the $852B mark set in March.

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Bloomberg: OpenAI’s round has shrunk from $30B to about $20B, a 33% cut in size, while its valuation target fell only about 11%, from $1.4T to $1.25T.

Investors pushed back on price first in late October and then cut the dollars they were willing to commit, according to the Financial Times.

Even at $1.25T before new money, OpenAI would be valued about 47% above the $852B mark set in March, when it raised $122B.

The pullback coincided with a 3.5% fall in the Nasdaq 100, tying OpenAI’s private fundraising more closely to public-market sentiment on AI spending.

Source: Rohan Paul · x.com

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