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Hacking DeskFBI says North Korea behind US$6bn Binance theft Tech DeskOpenAI lowers its funding target to US$20 billion AmplifiedAnberlin — Never Take Friendship Personal Coming SoonApple Intelligence testing in China starts 4 November Film DeskThe Mongoose reviews: critics split on Neeson's chase film AmplifiedEmery — The Question AustraliaPinnaroo calls for inquiry after ambulance volunteer row United StatesUS readies first deportation flight of Afghans to Pakistan AmplifiedDemon Hunter — Summer of Darkness AustraliaEncounter Bay dolphin has bird flu as penguin jabs near AustraliaYoung Adelaide adult on life support with meningococcal B AmplifiedNorma Jean — Bless the Martyr and Kiss the Child Space DeskNASA Mars sim crew leaves habitat after 378 days Hacking DeskChainalysis says AI agent attack exposed customer data AI DeskJudge refuses to toss NAACP pollution suit against xAI Tesla DeskTesla update 2026.38.6 takes Grok out of beta SpaceX DeskSpaceX's 700th Falcon 9 and why its launch pace is slowing EV DeskToyota to build Waymo robotaxis, Japan tests start 2027 Computing DeskIntel has its worst day ever as chip stocks slide Game ReviewsRoblox daily users fall 9% to 138 million, shares slide

Sunday 1 November 2026

OpenAI lowers its funding target to US$20 billion

OpenAI has lowered its latest raise to about US$20 billion from US$30 billion at a US$1.25 trillion value, the FT reports, as AI shares slide.

Quin Halberg Sunday 1 November 2026, open calendar5 min read

OpenAI chief executive Sam Altman at TED, a 2025 file photo. Photo: Steve Jurvetson / Wikimedia Commons, CC BY 2.0, modified

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OpenAI has shrunk its latest fundraising by a third. The ChatGPT maker is now aiming to raise about US$20 billion, down from US$30 billion, at a valuation of US$1.25 trillion instead of US$1.4 trillion, the Financial Times reported on Friday.

OpenAI chief executive Sam Altman seated on stage at TED in 2025 — OpenAI chief executive Sam Altman at TED, a 2025 file photo. Photo: Steve Jurvetson / Wikimedia Commons, CC BY 2.0, modified

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Quin Halberg Sunday 1 November 2026 at 3:10 pm Adelaide, open calendar5 min read

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