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AI News Today: OpenAI Eyes $30B at a $1.25 Trillion Valuation
OpenAI is raising up to $30 billion at a valuation $150 billion below what it pitched investors only weeks ago.
DX Today AI Daily Brief - Friday, October 23, 2026
OpenAI nears a funding round of up to $30 billion at a $1.25 trillion valuation led by UAE investors and Coatue, while China's DeepSeek raises about $15 billion ahead of a potential Shanghai listing. Barclays ties about 5,000 job cuts to AI as it reports third quarter results, Goldman Sachs warns AI could displace one in eleven US workers with the sharpest hit arriving in the next recession, and members of Congress weigh new support…
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