What happened to OpenAI’s $20bn? Revenue scare rattles AI trade
- OpenAI: 240 events in the last 90 days
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What happened
US tech futures rebounded on Friday, a day after a report that OpenAI’s annualised revenue was $20 billion (€17.8bn) below earlier estimates helped send the Nasdaq down 1.25% and hit chipmakers and cloud giants.
Summary assembled by rule from the sources below