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OpenAI reportedly lowers funding target for new round

Source: techcrunch October 31, 2026 · 09:12
OpenAI reportedly lowers funding target for new round
Photo by Dany Kurniawan · Pexels
From the publisher
OpenAI’s latest funding round doesn't seem to be living up to expectations.
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TechCrunch is an American global online newspaper focusing on topics regarding high-tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 acquisition of AOL and Yahoo! by Verizon, the site was owned by Verizon Media from 2015 through 2021.

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