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OpenAI disclosed to investors that it reached roughly $50 billion in annualized revenue at the end of September 2026, a milestone underscoring the scale of artificial-intelligence infrastructure spending. The announcement triggered sharp declines in shares of major AI-related companies including Nvidia, Oracle, and CoreWeave, suggesting that markets may have begun repricing valuations in light of the reported revenue run rate or broader reassessment of AI monetization prospects.
Sources:CNBC Top News