By Devony Hof
Publication Date: 2026-10-13 14:38:00
Americans have big concerns about artificial intelligence, but that hasn’t stopped OpenAI Inc., Nvidia Corp., IBM Corp. and others from charging ahead.
Last week saw shares of Nvidia, CoreWeave Inc., Oracle Corp. and Nebius Group N.V. decline amid reports that OpenAI’s annualized net revenue was approximately $50 billion, roughly $20 billion below previously reported figures. Despite the ongoing public pushback against AI, John Furrier (pictured, right), research executive analyst at theCUBE Research, sees the uproar as temporary.
“This is an AI freakout moment,” he said. “It’s funny to watch knowing what’s happening on the inside. We talk to all those suppliers, whether it’s Nvidia, the chip side … the neoclouds or the AI infrastructure clouds. This new AI layer is a system; the data center as a system is now the computer. Rack scale is changing. Companies like Marvell, Broadcom and others are creating chips to create more efficiencies.”
On the latest episode…
