[10/31 03:00 UTC] OpenAI cuts its funding target by $10 billion to $20 billion at a $1.25 tri…

AI News Flash for October 31, 2026 at 03:00 UTC. Topics: 1. OpenAI cuts its funding target by $10 billion to $20 billion at a $1.25 trillion valuation https://www.ft.com/content/7a3ad950-1b3b-4d9e-8c15-65a61ae6180f https://economictimes.indiatimes.com/tech/artificial-intelligence/openai-cuts-funding-target-by-10-billion-ft/articleshow/135384941.cms https://tradersunion.com/news/companies/show/4043503-openai-lowers-funding-target-valuation/ 2. AI spending fears hit Wall Street as Intel plunges nearly 29% and Apple passes Nvidia in market value https://www.staradvertiser.com/2026/10/30/breaking-news/tech-stocks-tumble-as-amazon-intel-fuel-ai-spending-fears/ https://www.chosun.com/english/industry-en/2026/10/31/XPSEWH62MJGCBG45WKXWYQ7VHY/ https://www.straitstimes.com/business/companies-markets/apple-overtakes-nvidia-to-become-worlds-most-valuable-company 3. 20 House Democrats demand OpenAI protect whistleblowers and keep its pause on top models https://www.vitallaw.com/news/house-democrats-press-openai-on-whistleblower-firings-hacking-incidents/cspd015b1cdd20501a4f01be8b709d2dc82edf 4. About $6.3 billion stolen from Binance in the largest crypto theft on record, North Korean group suspected https://www.trmlabs.com/resources/blog/north-korea-steals-usd-6-36-billion-from-binance-in-the-largest-hack-in-history https://www.bbc.com/news/articles/ck9dz3v7z7v3o https://www.bbc.com/news/articles/cwe8lp7zy07zo https://en.bloomingbit.io/feed/news/123338 https://www.forbes.com/sites/antoniopequenoiv/2026/10/30/binance-says-it-plans-to-resume-withdrawals-this-weekend-after-63-billion-hack/ 5. DeepSeek website code points to a dedicated cybersecurity model called Cyber https://pandaily.com/deepseek-cyber-cybersecurity-model-front-end-code-cyber-personal-v3-cyber-enterprise-v4-cyber-key