{
  "id": 16120581,
  "title": "Sources: OpenAI has cut its valuation target to $1.25T, down from the $1.4T valuation it pitched earlier this month, after facing resistance from some investors (Financial Times)",
  "url": "https://urgent.news/2026/10/22/sources-openai-has-cut-its-valuation-target-to-1-25t-down-from-the-1",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-22T22:35:33.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.ft.com/content/bb564eb1-79d4-4694-aa24-1155202a9abc"
  },
  "original_language": "en",
  "account": null,
  "summary": "OpenAI has reportedly lowered its valuation target to $1.25 trillion following resistance from some investors, according to the Financial Times. This is a decrease from the $1.4 trillion valuation the company pitched earlier this month.\n\nThe AI lab is working to secure a new funding round of up to $30 billion, which CNBC reports could be led by Coatue and investors in the UAE. CNBC further reports that the UAE funding might be paired with a deal to secure additional computing capacity for the company. This round is intended to serve as a bridge to a 2027 IPO, according to CNBC.\n\nIf the round is completed at a $1.25 trillion pre-money valuation, it would make OpenAI the most valued private company ever. OpenAI declined to comment on the reports.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "CNBC",
        "title": "OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors",
        "url": "https://urgent.news/2026/10/22/openai-nears-up-to-30-billion-funding-round-at-1-25-trillion-16100481",
        "published": "2026-10-22T20:16:56.000Z"
      },
      {
        "outlet": "TechCrunch",
        "title": "OpenAI working on new $30B raise at $1.25T valuation ahead of IPO",
        "url": "https://urgent.news/2026/10/22/openai-working-on-new-30b-raise-at-1-25t-valuation-ahead-of-ipo",
        "published": "2026-10-22T22:08:24.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}