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Bitcoin Plunges, OpenAI Disappoints: Double Warning for Markets

23m ago•
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Bitcoin and an AI infrastructure teeter on opposite sides of a financial abyss marked $20B.

Bitcoin brushed 80,900 dollars before bouncing back towards 82,000 dollars. At the same time, the AI sector takes another bad surprise: OpenAI communicated to its investors an annualized revenue close to 50 billion dollars for September, about 20 billion less than the previously mentioned 70 billion. The two events do not have the same origin. However, they arrive in a market where expensive oil, high rates, and gigantic expenses are starting to make investors much more demanding.

L’article Bitcoin Plunges, OpenAI Disappoints: Double Warning for Markets est apparu en premier sur Cointribune.

23m ago•
bullish:

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bearish:

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