EventBusinessOctober 31, 2026

OpenAI cuts fundraising target by $10B amid AI stock selloff

Read original source →bloomberg.com

OpenAI lowered its fundraising goal by $10 billion as an AI stock selloff and rival Anthropic's impending public listing complicated investor commitments, per the Financial Times. The report cites the market slump and Anthropic's IPO plans as the two pressures on the raise.

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