OpenAI just blew a $20 billion hole❗️ It told investors: annualized revenue is close to $50 billion. But the market previously heard the number was $70 billion. The anchor of AI demand is loosening. As soon as the news broke: NVIDIA dropped 3%, optical interconnect stocks plunged 13%. This is just a crack on the demand side. If OpenAI's actual revenue can't support its valuation, is it the detonator that will burst the AI bubble? The U.S. stock market has already started to fall.