OpenAI cuts fundraising target to $20B amid talks with SoftBank: DealBook
Open the sourceReported by Crypto Briefing, cryptobriefing.com, 6 November 2026, by Estefano Gomez
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OpenAI has lowered its fundraising target to $20 billion amid ongoing talks with SoftBank, according to DealBook. The reduced target may signal financial caution and could weigh on investor confidence across AI and crypto-adjacent markets. The article did not disclose token prices, TVL, volumes, market cap or specific funding terms beyond the $20 billion figure. What to watch next is whether SoftBank talks conclude and whether the smaller raise alters market dynamics for AI-linked digital assets.
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Named in this story
OpenAI, SoftBank