EconomyWhat happened to OpenAI’s $20bn? Revenue scare rattles AI trade
US tech futures rebounded on Friday after a report the previous day said OpenAI’s annualised revenue was $20 billion (€17.8 billion) below earlier estimates. The report helped push the Nasdaq down 1.25% and hit chipmakers and cloud giants.
What happened to OpenAI’s $20bn? Revenue scare rattles AI trade