AINewsnow

OpenAI cuts fundraising target as S&P lowers Meta outlook to negative

OpenAI has reduced its fundraising goal amid Wall Street concerns about the AI boom, while S&P Global cut its outlook on Meta to negative from stable late Friday, citing cash flow, spending and monetization worries.

Read the full story at Fortune AI ↗

Timeline · 2 reports

  1. 2026-10-31 16:46 · Fortune AI
    AI outlook: OpenAI cuts fundraising goal while Meta gets a credit warning on cash flow and spending
  2. 2026-10-31 16:41 · Fortune AI
    AI boom hits a wall on Wall Street as OpenAI cuts fundraising target while Meta gets a credit warning over its cash flow, spending and monetization

More stories

  1. SillyTavern LLM settings for an OpenAI-compatible API — DEV Community — AI
  2. ClaudeBot, GPTBot, ChatGPT-User: which AI crawler does what — DEV Community — AI
  3. OpenAI Hires Ex-Meta Executive Charles Porch to Lead Global Creative Partnerships — Techmeme
  4. How to stop Meta, OpenAI, and Apple from training AI on your data in the UK — r/artificial
  5. AI Agents Take On Everyday Tasks Like Job Applications and Restaurant Bookings — New York Times Technology
  6. OpenAI hires former US Army Secretary Dan Driscoll for national security role — OpenAI News
  7. Sam Altman visits Samsung and SK in South Korea amid deepening memory chip shortage — Bloomberg AI
  8. OpenAI seeks to rebrand data centers as 'compute campuses' amid growing backlash — Techmeme

Get the daily brief of stories like this at 6:30 every morning →