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Myb News · Nov 1, 2026

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OpenAI drops its fundraising goal by 10 billion dollars to seek up to 20 billion The artificial intelligence developer set a Friday deadline for investors, with some backers reducing their allocations. Investors from the United Arab Emirates are leading the round alongside investment firm Coatue. The funding is still in progress and has not closed yet. For the full story

*OpenAI drops its fundraising goal by 10 billion dollars to seek up to 20 billion* The artificial intelligence developer set a Friday deadline for investors, with some backers reducing their allocations. Investors from the United Arab Emirates are leading the round alongside investment firm Coatue. The funding is still in progress and has not closed yet. *For the full story* https://mybnews.com/a/openai-cuts-fundraising-goal-and-is-now-seeking-up-to-20-billion

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