Ai
Topic archive • 2 matches
2026-10-31
Investment
OpenAI • OpenAI
OpenAI reportedly secures $11B in commitments at $1.25T valuation, below $1.4T target: Sources say OpenAI has secured about $11 billion in commitments for its latest funding round, less than half its initial $30 billion target. The round values the ChatGPT maker at $1.25 trillion, below its $1.4 trillion target, and OpenAI expects to raise more in coming weeks.
PermalinkReddit • Reddit
Reddit lost 1M+ Google referrals a week in October, CEO blames AI Mode: Reddit lost over 1 million Google search referrals per week in October and its stock dropped over 25% despite strong earnings, CEO Steve Huffman said. He blamed Google's AI Overviews and AI Mode for zero traffic to external sites; Reddit is testing login barriers to become a direct destination.
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