Nvidia, Oracle, CoreWeave and other AI stocks sink on OpenAI revenue report
- Sam Altman, CEO of OpenAI, the developer of ChatGPT, is speaking at the AI company's developer conference on Sept.
- Andrej Sokolow | Picture Alliance | Getty ImagesShares of Nvidia, Oracle, CoreWeave and other artificial intelligence names sank lower on Thursday after the market learned more details about OpenAI's revenue.
- OpenAI told investors that it hit roughly $50 billion in annualized revenue at the end of September, CNBC confirmed, lower than the the $68 billion figure that was widely reported late last month.
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- Sam Altman, CEO of OpenAI, the developer of ChatGPT, is speaking at the AI company's developer conference on Sept.
- Andrej Sokolow | Picture Alliance | Getty ImagesShares of Nvidia, Oracle, CoreWeave and other artificial intelligence names sank lower on Thursday after the market learned more details about OpenAI's revenue.
- OpenAI told investors that it hit roughly $50 billion in annualized revenue at the end of September, CNBC confirmed, lower than the the $68 billion figure that was widely reported late last month.
Sources: Cnbc