Market Chatter: OpenAI's Latest Funding Round Falls Short of $30 Billion Target

05:38 AM EST, 11/02/2026 (MT Newswires) -- OpenAI has raised $11 billion so far in its latest funding round, less than half of the $30 billion it had initially targeted, The Wall Street Journal reported late Friday, citing people familiar with the matter. The deal values OpenAI at $1.25 trillion, compared with the $1.4 trillion valuation that it had hoped to attain as it prepares for a potential public listing as soon as early next year, the report said. The ChatGPT-maker has notified shareholders that it expects to raise more money in the coming weeks, targeting family offices and high net-worth individuals. The company is now looking to raise up to $20 billion, one of the people told the news outlet added. OpenAI did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)