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OpenAI revenue disappointment weighs on AI stocks; SpaceX shares slide 4.2% on $40B loan report
A Financial Times report indicating OpenAI is bringing in about US$20 billion less in annualised revenue than investors were led to believe weighed on markets, raising concerns about all AI companies. Separately, shares in SpaceX slid 4.2 percent following a report that Elon Musk's firm aims to raise US$40 billion in bank loans and debt to further its purchases of AI chips from Nvidia.
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