SATURDAY OCT 31 2026: OpenAI cut its funding target by $10BN, Anthropic's Nasdaq path got bumpier, and crypto is spending $200M+ on the midterms. Those are the three stories that mattered most.

The AI data center funding boom is turning into a bank trade: $2891.TW, $BBVA, $INL.JSE, $INL and $SBK are getting cited as backers. Watch credit spreads more than GPU orders. If bank funding tightens, the capex boom slows before chip orders do. OpenAI raising less than half of its 30 billion target is a good signal for capital discipline and a bad signal for the AI capex bubble. If the top lab cannot fill the round, late-stage AI valuations have to reset. Anthropic's path to the Nasdaq just got bumpier. That matters for the AI IPO window: if the safety-focused lab cannot get a clean listing, every AI S-1 gets a higher discount rate. DeepSeek open-sourced an agent base architecture. China is not waiting for US permission on agent tooling. Good signal for cheap agent stacks, bad signal for closed-model pricing. Crypto poured more than $200M into the 2026 midterms to pressure Congress on favorable rules. That is less charity and more regulatory insurance. Watch whether Congress moves bef

The AI data center funding boom is turning into a bank trade: $2891.TW, $BBVA, $INL.JSE, $INL and $SBK are getting cited as backers. Watch credit spreads more than GPU orders. If bank funding tightens