OpenAI is struggling to secure funding through 2030, needing around $280 billion while generating $40 billion in annual revenue, lagging behind rival Anthropic which is already profitable. The AI IPO market is under pressure with delays from major players like SoftBank and SB Energy, and construction of AI data centers is being blocked by local opposition, threatening AI adoption. Additionally, cheaper Chinese AI models are undercutting US competitors, potentially limiting demand for more advanced but costly American AI. If OpenAI's IPO fails or is delayed, it could negatively impact valuations across the entire tech industry.
OpenAI's IPO challenges provide context for the Technology sector's performance on Pluang as of Sep 23, 2026 21:21 WIB. Among 150 priced US tech stocks, 51 rose and 98 fell. Notable movers include BTDR at USD 12.53 with a 4.35% decline and 94% sell order activity, ATOM at USD 4.29 down 4.24% with 97% sell orders, and ASX at USD 43.35 down 4.09% with 71% sell orders. The most notable figure is BTDR's 94% sell order activity.
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