AI stocks crumble on report that OpenAI’s annualized revenue is much lower than believed
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What happened
Technology stocks fell lower today following a report that artificial intelligence giant OpenAI Group PBC’s annualized revenue this year is about $20 billion less than what was previously reported by the media, sending shockwaves through the industry. A report today by the Financial Times revealed that OpenAI recently told prospective investors that its annualized revenue […] The post AI stocks crumble on report tha…
Summary assembled by rule from the sources below