---
title: "OpenAI Funding Target Cut by $10 Billion as AI Slumps, FT Says"
type: signal
url: https://frontiernewswire.com/s/openai-funding-target-cut-by-10-billion-as-ai-slumps-ft-says-44924e73
published: 2026-10-31T04:00:40.000Z
byline: "Source: Bloomberg Tech"
---

# OpenAI Funding Target Cut by $10 Billion as AI Slumps, FT Says

Source: Bloomberg Tech · Published 2026-10-31 · Canonical: https://frontiernewswire.com/s/openai-funding-target-cut-by-10-billion-as-ai-slumps-ft-says-44924e73

OpenAI has cut its fundraising target by $10 billion as an AI stock selloff and rival Anthropic PBC’s impending public listing complicate its efforts to secure investor commitments, the Financial Times reported.

In this story: [OpenAI](https://frontiernewswire.com/companies/openai), [Anthropic](https://frontiernewswire.com/companies/anthropic), [Financial Times](https://frontiernewswire.com/companies/financial-times)

## Sources

- [Read the original at Bloomberg Tech](https://www.bloomberg.com/news/articles/2026-10-31/openai-funding-goal-cut-by-10-billion-as-ai-stocks-dip-ft-says)

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---

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