# OpenAI Cuts Latest Funding Goal by $10 Billion Amid Tech Selloff By John Kim Canonical URL: https://www.tokenpost.com/news/business/45481 Published: 2026-10-31T12:10:50.000Z Updated: 2026-10-31T12:10:50.000Z Section: Business > The funding reduction comes as U.S. technology shares face pressure from concerns over AI infrastructure buildout. OpenAI lowered its target for its latest funding round by $10 billion as U.S. technology stocks sold off amid concerns over AI infrastructure buildout. Broadcom CEO Hock Tan previously cited OpenAI’s $50 billion in annualized revenue as of September as evidence of a viable business. Tan also warned that access to financing could constrain AI infrastructure growth in [earlier comments on OpenAI’s revenue and funding risks](). ## Links in this article - [earlier comments on OpenAI’s revenue and funding risks](https://www.tokenpost.com/news/business/30853)