OpenAI closed its latest private funding round today after bringing in less than half of its target $30 billion raise. The cash shortfall comes right as Wall Street launched a massive tech selloff on October 30, pulling the Nasdaq down 2.86% in its worst single-day drop since June. Investors are fleeing high-flying artificial intelligence bets as soaring data center infrastructure costs and tightening credit conditions spark fears over AI-linked debt loads across the market.
https://www.golocalprov.com/news/big-news-stories-overnight-saturday-october-31-2026
Got a news tip or correction? Let us know
If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.
0 views