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Sam Altman, CEO of OpenAI, speaking at the company's developer conference on 29 September 2026.
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New Developing Markets & deals

OpenAI cuts its funding round target by $10 billion to about $20 billion at a $1.25 trillion valuation, FT reports

The FT, as relayed by Startup Fortune, says the raise was cut from up to $30 billion as investor demand cooled during the tech selloff, after a $1.4 trillion price was pitched earlier; OpenAI has not commented and final terms are not public.

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Edition 2026-10-31T0131 Oct, 01:00 UTCThe singularity, ranked hourly.
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Updated Wikimedia, news publishers and Public Knowledge file amicus briefs as NYT v. OpenAI reaches summary judgment

House Judiciary Democrats Nadler, Raskin and Johnson filed a brief saying national security is not a fair-use factor, rebutting DOJ's statement of interest; Wikimedia, the News/Media Alliance with ProPublica and Public Knowledge also filed.

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