OpenAI CEO Altman says moltbook may be a passing fad, but Openclaw is not; the upper limit is full AI businesses; does not worry about the US not leading an open-source AI; AI adoption is slower than expected
Newsquawk Staff ·
OpenAI CEO Altman says moltbook may be a passing fad, but Openclaw is not; the upper limit is full AI businesses; does not worry about the US not leading an open-source AI; AI adoption is slower than expected.
What it means
OpenAI's CEO Altman's remarks suggest that while current AI trends may fluctuate, his vision for foundational AI businesses remains robust. His comments on the slower-than-expected adoption rate could point to cautious sentiment in the tech sector, especially for firms heavily invested in AI innovation like Microsoft. This insight may influence trading strategies in software equities as investors reassess growth trajectories and market leadership in AI initiatives.
- Booking Holdings Inc. (BKNG) Q3 2026 (USD): Adj. EPS 4.66 (exp. 4.49), Revenue 8.9bln (exp. 9.55bln)
- Oracle (ORCL) executive VP told Nikkei the Co. has no plans to slow down its investment in Japan, emphasising that the country remains a key market
- Ambani’s Jio Platforms held talks to license technology to Comcast (CMCSA) and Charter (CHTR) in exchange for shares, according to sources
- Uber’s (UBER) Jill Hazelbaker to join OpenAI as Chief Corporate Affairs Officer, reports The Information
- Newsquawk Daily US Earnings Estimates - 4th November 2026: CVS, UBER, MCD, QCOM, MCK, ARM
Related headlines
- Apple (AAPL) opens Siri AI preview to all developers5 days ago
- Nvidia’s (NVDA) market dominance helps it influence policy and customers, reports The Information5 days ago
- US EQUITY OPEN: Tech pares back some recent losses as US/Iran negotiations and US midterms are in focus5 days ago
- Spanish competition authority (CNMC) launches disciplinary proceedings against Apple (AAPL) and Amazon (AMZN)5 days ago
- Amazon's (AMZN) AWS and GOSH are to deploy emerging technologies in healthcare5 days ago
- Pershing Square's Bill Ackman says Netflix (NFLX) stock is 'incredibly cheap'5 days ago
- US BROKER MOVES: BE upgraded at Barclays; MRVL downgraded at TD Cowen5 days ago
- US PRE-MARKET MOVERS: AAPL, PLTR, ON, FN, LSCC, SHOP, KDP, FISV, DD5 days ago
- Keurig Dr Pepper Inc. (KDP) Q3 2026 (USD): Adj. EPS 0.66 (exp. 0.62), Revenue 7.3bln (exp. 7.33bln), Adj. operating income 1.7bln (exp. 1.6bln); reaffirms guidance5 days ago
- The Mosaic Company (MOS) Q3 2026 (USD): Adj. EPS -0.19 (exp. -0.01), Revenue 3.1bln (exp. 3.05bln)5 days ago
- Arista Networks Inc. (ANET) Q3 2026 (USD): Adj. EPS 1.20 (exp. 1.08), Revenue 3.66bln (exp. 3.33bln)5 days ago
- Sysco (SYY) executives expect basket inflation below 1% in Q2 and between 1% and 1.5% for the full year, down from its budgeted 1.5-2% assumption, creating near term P&L pressure5 days ago
- Williams (WMB) says elections are not expected to delay data center projects5 days ago
- Iraq's Oil Minister says Iraq has reached an agreement with Chevron (CVX) on the West Qurna-2 oilfield5 days ago
- Pfizer (PFE) appoints Cecile Guegan as CFO and EVP, effective November 1st5 days ago