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Founders Fund news

The latest Founders Fund news, : OpenAI cuts funding target to $20B at $1.25T valuation, FT reports.

2 stories mentioning Founders Fund since 21 October 2026, newest first, each with its sources and discussion. Follow to see new ones on your front page.

  1. Business & Funding new

    OpenAI cuts funding target to $20B at $1.25T valuation, FT reports

    OpenAI has lowered its fundraising goal to about $20 billion at a $1.25 trillion valuation, down from a previous target of $30 billion at $1.4 trillion, the Financial Times reported, citing people familiar with the…

    2 sources
    thenextweb.comfinance.yahoo.com
  2. Business & Funding new

    Watchtower Labs raises $35M seed to build AI-driven logistics simulation for US defense

    Watchtower Labs, incubated by Shield Capital, announced its emergence from stealth with a $35 million seed round co‑led by Shield and Conviction, and joined by In‑Q‑Tel and Founders Fund. CEO Akhil Iyer, a former…

    2 sources
    geekwire.comupstartsmedia.com

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What is the latest Founders Fund news?

As of 31 October 2026: OpenAI cuts funding target to $20B at $1.25T valuation, FT reports. OpenAI has lowered its fundraising goal to about $20 billion at a $1.25 trillion valuation, down from a previous target of $30 billion at $1.4 trillion, the Financial Times reported, citing people familiar with the matter.