OpenAI has lowered its 2024 revenue forecast to $50 billion, $20 billion less than previously indicated, signaling slower-than-expected growth in AI demand. This revision follows a reassessment aligning its revenue measurement with competitors like Anthropic, which includes cloud partner sales. The news caused a drop in US tech stocks, reflecting investor concerns about AI's rapid expansion and safety risks. Meanwhile, OpenAI is in talks to raise $30 billion at a $1.4 trillion valuation, while Anthropic plans an IPO soon amid ongoing regulatory scrutiny of AI technologies.
OpenAI's revised 2024 revenue forecast provides context for technology sector performance. For readers following US tech stocks, here is Pluang's market snapshot as of Oct 09, 2026 14:41 WIB: out of 150 priced stocks, 119 rose and 26 fell. Among notable movers, AXTI gained 4.55% with 77% buy orders, VERI rose 4.07% despite 93% sell orders, and ATOM declined 5.26% with all buy orders. Typical hold times ranged from 12 to 17 days across these assets.
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