CatalystTech/AI
OpenAI trims valuation target to $1.25tn after pitching higher price
OpenAI cut its valuation target to $1.25tn after pitching a higher price.
Context
What happened: OpenAI lowered its valuation target to $1.25tn after earlier pitching a higher price to investors.
Key numbers: New target $1.25tn. Earlier price tag floated this month was $1.4tn.
Why it matters: The cut shows the AI lab adjusting its fundraising expectations downward from the figure it presented to investors earlier this month.
What changed
OpenAI lowered its valuation target to $1.25tn after earlier pitching a higher price to investors.
Why it matters
The cut shows the AI lab adjusting its fundraising expectations downward from the figure it presented to investors earlier this month.
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Oct 23, 2026 10:02 PM ET