OpenAI secures about $11 billion of $30 billion fundraising target
OpenAI's reported funding gap comes as it competes with Anthropic and plans to seek up to $20 billion from family offices and high-net-worth individuals.
• OpenAI secured about $11 billion of its $30 billion fundraising target, according to the Wall Street Journal.
• Its valuation reached $1.25 trillion, below the $1.4 trillion it sought.
• OpenAI plans to seek up to $20 billion from family offices and high-net-worth individuals.
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October 31, 2026 28
