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OpenAI reportedly cuts fundraising and valuation targets amid AI jitters

CoinDesk·October 31, 2026·1 min read
OpenAI reportedly cuts fundraising and valuation targets amid AI jitters

OpenAI reportedly cut fundraising and valuation targets amid AI market jitters. The Nasdaq 100 slumped about 10% in three weeks since its record high on October 6, including a 4.5% drop on Friday. The downturn reflects broader tech sector anxiety affecting AI and crypto investments.

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