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AI News Today: OpenAI Eyes $30B at a $1.25 Trillion Valuation
Published 2 days, 5 hours ago
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OpenAI is raising up to $30 billion at a valuation $150 billion below what it pitched investors only weeks ago.
DX Today AI Daily Brief - Friday, October 23, 2026
OpenAI nears a funding round of up to $30 billion at a $1.25 trillion valuation led by UAE investors and Coatue, while China's DeepSeek raises about $15 billion ahead of a potential Shanghai listing. Barclays ties about 5,000 job cuts to AI as it reports third quarter results, Goldman Sachs warns AI could displace one in eleven US workers with the sharpest hit arriving in the next recession, and members of Congress weigh new support for workers facing AI layoffs. Uber rolls out OpenAI's ChatGPT Work to more than 30,000 employees, SpaceX launches a partner network to bring Grok to enterprises, Canva debuts Canva Craft, its first in house image model, and MiniMax opens the weights of its M3.1 Flash coding model. Nvidia invests in Kazakhstan linked video startup Higgsfield as Jensen Huang visits Astana, the London Stock Exchange Group agrees to buy credit data firm Octus for $3.5 billion, and a federal appeals court removes a Mississippi judge after AI generated errors appeared in his orders.
DX Today: your daily AI news briefing, delivered every morning.
#AINews #ArtificialIntelligence #AIJobs #AIFunding #DXToday
Subscribe to DX Today on YouTube and in your podcast app for daily no hype AI news.
DX Today AI Daily Brief - Friday, October 23, 2026
OpenAI nears a funding round of up to $30 billion at a $1.25 trillion valuation led by UAE investors and Coatue, while China's DeepSeek raises about $15 billion ahead of a potential Shanghai listing. Barclays ties about 5,000 job cuts to AI as it reports third quarter results, Goldman Sachs warns AI could displace one in eleven US workers with the sharpest hit arriving in the next recession, and members of Congress weigh new support for workers facing AI layoffs. Uber rolls out OpenAI's ChatGPT Work to more than 30,000 employees, SpaceX launches a partner network to bring Grok to enterprises, Canva debuts Canva Craft, its first in house image model, and MiniMax opens the weights of its M3.1 Flash coding model. Nvidia invests in Kazakhstan linked video startup Higgsfield as Jensen Huang visits Astana, the London Stock Exchange Group agrees to buy credit data firm Octus for $3.5 billion, and a federal appeals court removes a Mississippi judge after AI generated errors appeared in his orders.
DX Today: your daily AI news briefing, delivered every morning.
#AINews #ArtificialIntelligence #AIJobs #AIFunding #DXToday
Subscribe to DX Today on YouTube and in your podcast app for daily no hype AI news.