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OpenAI reportedly cuts fundraising and valuation targets amid AI jitters

Source: coinDesk October 30, 2026 · 17:48
OpenAI reportedly cuts fundraising and valuation targets amid AI jitters
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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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CoinDesk is an American news site specializing in bitcoin and digital currencies. Founded by Shakil Khan, the firm also provides guides to bitcoin for those new to digital currencies.

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