OpenAI reportedly cuts fundraising and valuation targets amid AI jitters
Co
CoinDeskBy Stephen Alpher10/31/2026, 12:48:56 AM

EXECUTIVE SUMMARY
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.
Key Takeaways
- OpenAI reportedly cuts fundraising and valuation targets amid AI jitters.
- 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.
- 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.
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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