https://www.live-feeds.com/feed/openai-slashes-funding-target-by-10-billion-amid-tech-rout-ft-reportsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/openai-slashes-funding-target-by-10-billion-amid-tech-rout-ft-reportshttps://www.live-feeds.com/feed/openai-slashes-funding-target-by-10-billion-amid-tech-rout-ft-reports#u178409Thu, 05 Nov 2026 19:17:30 +0000OpenAI reduced its latest fundraising goal from $30 billion to $20 billion as investors grow cautious about AI infrastructure spending and debt. The company also decreased its possible valuation target. This adjustment follows a broader technology selloff and increased competition. OpenAI established a Friday deadline for investors to commit to the funding round, though reports indicate the company has raised less than half of its original $30 billion target.Why it mattersThe funding shift occurs as market jitters regarding AI spending spread and rivals like Anthropic PBC prepare for a public