Nvidia, Oracle and CoreWeave Slide as OpenAI Revenue Milestone Raises AI Valuation Questions
AI-linked stocks fell sharply after CNBC confirmed that OpenAI told investors it reached roughly $50 billion in annualized revenue at the end of September. The figure underscores the speed of AI monetization, but it also sharpened scrutiny over whether the sector’s soaring valuations and infrastructure spending are running ahead of durable cash generation.
