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FrontRow · Nov 1, 2026

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OpenAI is seeking to raise up to $20 billion in a new funding round, CNBC confirmed, paring back its earlier target of up to $30 billion. The funding round is still in progress and has not closed, so the figures are subject to change, a person directly familiar with the deal told CNBC, asking to remain unnamed as they were not authorized to discuss the details publicly. OpenAI did not immediately respond to a request for comment.

OpenAI is seeking to raise up to $20 billion in a new funding round, CNBC confirmed, paring back its earlier target of up to $30 billion. The funding round is still in progress and has not closed, so the figures are subject to change, a person directly familiar with the deal told CNBC, asking to remain unnamed as they were not authorized to discuss the details publicly. OpenAI did not immediately respond to a request for comment.

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