OpenAI, the company behind ChatGPT, is looking to raise fresh funding. The news comes as investors take a second look at the AI trade, meaning the big bets many people have placed on AI companies. Bloomberg Technology reported the story in its "Bloomberg Open Interest" program on October 23, 2026.
What we know
The material gives only a short summary. OpenAI is seeking new money. Investors are reassessing AI as a place to put their cash. The same program also covered SpaceX, which is exploring a push into wireless, the phone and internet service business.
Other topics in the show
- UBS's Nadia Lovell gave her market outlook.
- CFTC Chair Michael Selig discussed prediction markets and crypto regulation.
- Chris Marangi was also listed as a guest.
Why it matters
Many companies now rely on AI tools for writing, customer service and planning. Those tools cost money to build and run. If investors grow more cautious, the companies behind them may face pressure over prices, plans and which products last. That is a possibility, not a finding.
What is not known yet
The material does not say how much OpenAI wants to raise, who might invest, or what the company would be valued at. It also gives no details on SpaceX's wireless plans or any timeline. Those answers will matter most, and they have not been shared here.
The takeawayIf your business depends on AI tools, keep an eye on pricing and have a backup option in mind while investors rethink their AI bets.