One OpenAI report just gut-punched the entire AI trade
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By Tobi Opeyemi Amure
Published on April 28, 2026.
A report by OpenAI, the leading artificial intelligence company, revealed that the company has fallen short of internal user growth and revenue targets. The Wall Street Journal reported that finance chief Sarah Friar has been warning colleagues about whether the company can fund its compute commitments. The company missed its internal goal of reaching one billion weekly active users by 2025, and also fell short of multiple monthly revenue targets earlier this year. The news led to a sharp drop in all stock related to the AI buildout. Oracle, which owns more than 11% of OpenAI and SoftBank, lost more than 4% on the day. The remaining performance obligations on these contracts with Oracle, Nvidia, and Microsoft also contributed to the decline.
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