OpenAI reportedly cuts fundraising and valuation targets as Nasdaq 100 slides about 10% in three weeks

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OpenAI has reportedly cut its fundraising and valuation targets amid anxiety about the AI boom, which has sent the Nasdaq 100 down about 10% in three weeks since its October 6 record, including a 4.5% drop on Friday. CoinDesk

coindesk.com/business/2026/10/30/openai-reportedly-cuts-fundraising…

Does a pullback in valuations change how fast AI companies can build, or only how they pay for it?

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