The Decoder
OpenAI lowers valuation target, raises up to $30 billion
OpenAI is closing in on a new funding round of up to $30 billion but has lowered its valuation target to get there.
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Oct 23, 2026
OpenAI is closing in on a new funding round of up to $30 billion but has lowered its valuation target to get there. The company originally pitched investors on a $1.4 trillion valuation, according to internal documents obtained by the Financial Times. That number has since dropped to $1.25 trillion, CNBC also reports. The FT says demand was weaker than in previous rounds, with some backers experiencing "indigestion" after heavy investments in earlier fundraises.
UAE investors and…
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