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Meta Goes Cash-Negative and OpenAI Trims Its Valuation as AI Stocks Slide
Sources
S&P 500, Nasdaq end sharply lower as revived AI doubts ignite tech selloff (Reuters via Yahoo Finance) (2026-10-22)
Meta stock falls despite Wall Street analysts raising price targets (2026-10-22)
Meta's revenue surges to $64.6 billion, but settlements and AI spending turn screws on profit (2026-10-21)
OpenAI working on new $30B raise at $1.25T valuation ahead of IPO (2026-10-22)
OpenAI nears $30 billion funding round at $1.25 trillion valuation (Investing.com)
OpenAI close to raising up to $30 billion at $1.25 trillion valuation, UAE investors lead (2026-10-22)
OpenAI trims its own…
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