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OpenAI reportedly cuts fundraising and valuation targets amid AI jitters

Source: Coindesk · Oct 31, 2026, 12:48 AM

Anxiety about the AI boom has sent the Nasdaq 100 slumping by about 10% in just three weeks since hitting a record high on October 6, including a 4.5% drop on Friday.

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OpenAI reportedly cuts fundraising and valuation targets amid AI jitters | Toobit Community