OpenAI's $50B Reality Check Shakes Wall Street
The Financial Times reports OpenAI’s annualized revenue stood near $50B at the end of September, about $20B below the $70B flagged to investors weeks earlier — a gap that sent Nvidia, Oracle, and Asian tech stocks sliding. The company is said to be negotiating a fresh fundraising that could value it near $1.4 trillion, with its IPO now pushed to next year. Sources: Financial Times via AFP/Malay Mail, CNBC, Dubai Telegraph — October 9, 2026. ...