Tech stocks fell following a report by The Wall Street Journal that ChatGPT-maker OpenAI was falling short of revenue and user targets, raising concerns about the future of the tech industry's investment in AI. Japanese tech conglomerate SoftBank led the declines, with a 10% drop in Tokyo trading. Other companies linked to OpenAI also saw significant selloffs, including cloud computing providers CoreWeave and Oracle. The broader Nasdaq composite index also declined 1%. An OpenAI representative defended the article, calling it "clickbait" and stating that the business is on a steep growth curve.