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AI News Today: OpenAI Cuts Its Funding Goal by $10 Billion
OpenAI has trimmed its fundraising goal to about $20 billion after locking in roughly $11 billion, as the AI stock selloff deepens.
DX Today AI Daily Brief - Saturday, October 31, 2026
OpenAI cuts its fundraising target by about $10 billion to roughly $20 billion at a $1.25 trillion valuation as the AI selloff deepens. Amazon Web Services posts its fastest growth in nearly five years, up 39 percent to $46 billion, while heavy data center spending weighs on cash flow. Bloomberg reports Anthropic accounted for 34.5 percent of SpaceX third quarter revenue. Intel's data center and AI revenue…
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