OpenAI reportedly targets up to USD 20b funding at USD 1.25t valuation
OpenAI is reportedly seeking up to USD 20 billion in new capital, valuing the company at USD 1.25 trillion before the round. The move comes as the company expands its AI infrastructure and faces growing competition. The proposed investment could strengthen its financial position ahead of potential public‑market developments and further large‑scale AI expansion.
Key points
- openai reportedly seeks up to usd 20b in funding at a usd 1.25t pre‑money valuation.
- uc san diego and qualcomm launch aims chip‑design research with a usd 500,000 grant.
- south korean banks rehired 1,013 retirees in 2025, up 18.3% from 2024, while graduate hiring fell 31.9%.
UC San Diego and Qualcomm have launched the AI in Microelectronic Systems (AIMS) initiative, backed by a USD 500,000 contribution from Qualcomm. The research programme will use artificial intelligence to improve semiconductor and system‑on‑chip design, focusing on processing performance, energy efficiency, memory systems and advanced computing architectures.
South Korean banks are rehiring retired employees, with 1,013 retirees hired in 2025, up 18.3 % from 2024, as graduate hiring fell 31.9 % over two years. A WIRED investigation found more than 400 AI apps on Apple’s App Store and Google Play that hide abusive deepfake tools, leading Apple to remove 19 apps and Meta to block 11,600 advertising accounts. South Korea’s Financial Services Commission is urging crypto exchanges to increase cold‑wallet reserves after Binance’s USD 6.3 billion hot‑wallet security incident.
Top Tech News: OpenAI’s USD 20B Funding, AI Chip Initiative and More
analyticsinsight.net · 2 November 2026
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