https://www.live-feeds.com/feed/openai-reportedly-lowers-funding-target-for-new-roundContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/openai-reportedly-lowers-funding-target-for-new-roundhttps://www.live-feeds.com/feed/openai-reportedly-lowers-funding-target-for-new-round#u175903Thu, 05 Nov 2026 01:21:08 +0000OpenAI has reduced its latest fundraising target from $30 billion to $20 billion. The company also lowered its possible valuation during the process. UAE investors and Coatue are reportedly leading the round, with UAE backers pairing capital with compute capacity. The funding round remains open and has not yet closed, meaning final figures may still change. This shift comes as investors show decreased appetite for AI investments and a general tech rout creates market anxiety.Why it mattersOpenAI is seeking massive capital to sustain the high costs of AI development. This round occurs as compet