# OpenAI reportedly lowers new funding round target to $20 billion

- Published: 2026-10-31T16:12:55.000Z
- Updated: 2026-10-31T22:01:50.168Z
- Section: Market
- Topics: Business
- Page: https://aidailyjournal.com/en/n/2026/10/31/openai-reportedly-lowers-new-funding-round-target-to-20-billion/
- Sources: [TechCrunch](https://techcrunch.com/2026/10/31/openai-reportedly-lowers-funding-target-for-new-round)

## Summary

OpenAI has reportedly lowered the target for its new funding round from $30 billion to $20 billion, the Financial Times reported, as cited by TechCrunch. The round would be led by a group of investors from the United Arab Emirates, and the first close is expected to come in below $20 billion. A later offering for wealthy individuals could bring the total to the target, while the round is being organized ahead of a possible IPO for the company.

The Wall Street Journal reported that OpenAI has secured $11 billion so far but encountered a “tepid” response from some large investors. TechCrunch suggested that Wall Street’s caution over heavy artificial intelligence infrastructure spending may have contributed to the fundraising difficulties.

## Why it matters (editorial interpretation)

The lower target and the response described by The Wall Street Journal as “tepid” may signal greater investor scrutiny of AI infrastructure financing. Because the round is being organized ahead of a possible IPO, its outcome could affect OpenAI’s financial preparation for that next step.

_Summary written by AI Daily Journal in its own words, based on the sources above. For details, read the original articles._