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OpenAI slashes funding target by $10 billion amid tech rout, FT reports
OpenAI reportedly reduces its funding target by $10 billion during an artificial intelligence slump and broader tech sector selloff.
Tech Selloff
6 trends tracked about this subject — the full history, oldest to newest below.
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Business
Hedge fund returns worsen this week as tech selloff deepens
Hedge fund returns worsen sharply as a deepening tech selloff drives historic daily drawdowns and pushes short bets to five-year highs.
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Business
World's Richest Lose $50 Billion As Stocks Slide After Hot Inflation Report
Global tech selloffs wipe $50 billion from major fortunes following a hot inflation report.
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Business
🔮 fades ✓
Tech selloff weighs down Wall Street as bond yields climb
Wall Street faces downward pressure as rising bond yields and oil prices trigger a selloff in technology stocks.
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Business
🔮 fades
Is AI 'one big bubble?' Behind the tech selloff
AI stocks tumble, sparking debate over a new tech bubble
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Business
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CNBC Daily Open: Tech-tonic shift or buying opportunity?
Tech stocks tumble, pulling global markets lower and sparking debate over a shift or buying chance