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A constellation of artificial-intelligence stocks dropped after OpenAI reportedly failed to meet its sales and user targets, rekindling doubts that the hundreds of billions of dollars that big companies are plowing into the technology will deliver sufficient profits anytime soon.

The report dragged down the stocks of companies that have cut investment and business deals with OpenAI, which helped unleash the stock-market’s AI boom after the release of ChatGPT more than three years ago.

The reported miss by OpenAI revived worries that have shadowed the stock market periodically for months as technology giants like Microsoft Corp., Meta Platforms Inc., Amazon.com Inc. and Alphabet Inc. invest heavily in AI and stocks have rallied on the back of it.
Today's show features:

• Mandeep Singh, Bloomberg Intelligence Global Head of Technology Research
• Sarah Frier, Bloomberg News Big Tech Team Leader
• Rachel Metz, Bloomberg News AI Reporter
• Mitch Berlin, EY Americas Vice Chair, EY-Parthenon on state of the C-suite amid geopolitical uncertainty and questions about AI