Artificial Intelligence · AI business · 8 outlets (L 0 · C 2 · R 2 · 4 not rated)
OpenAI cuts funding target by $10 billion
OpenAI has lowered the amount it is seeking in its latest fundraising round by $10 billion, according to a Financial Times report.[5, 8] The company is now seeking about $20 billion at a $1.25 trillion valuation, down from an initial target of $30 billion at a $1.4 trillion valuation.[3, 5, 8]
The Wall Street Journal reported the round values OpenAI at $1.25 trillion, less than its $1.4 trillion target, and that the company raised less than half of its $30 billion goal.[4] The Financial Times reported SoftBank's stake shrank by $10 billion as commitments fell due Oct. 30.[3]
Covered by Bloomberg, The Wall Street Journal, Financial Times and 5 more
Read first OpenAI Funding Target Cut by $10 Billion as AI Slumps, FT Says
How balanced is this coverage?
Of the 4 rated outlets that covered it, 0 are left of center, 2 are center and 2 are right of center (1 of them in the Right group). 4 more are not rated.
Too few left- or right-leaning outlets to compare: 0 of 42 left-leaning, 2 of 33 center and 2 of 38 right-leaning outlets covered it.
- Left: none.
- Leans left: none.
- Center: Bloomberg (+0.08), CNBC (+0.40).
- Leans right: The Wall Street Journal (+0.63).
- Right: IJR (+1.52).
Not rated Financial Times, The Information, The Decoder, TechCrunch. Not placed: they have no lean score.
Each dot is an outlet that covered it, placed by its audience-lean score (Eady et al. 2025), which measures who shares its links, not how accurate it is. The ticks under the line are all 113 rated outlets Tare reads.
Read across the spectrum
- Left-leaning No left-leaning outlet in Tare's list covered it.
- Center OpenAI Funding Target Cut by $10 Billion as AI Slumps, FT Says
- Right-leaning OpenAI reportedly cuts $10B from funding goal