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The Australian data center company had been looking to raise as much as $5.5 billion including an over-allotment option, indicating a $30.4 billion valuation, and may consider a private funding round instead, the report said. 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Raise Alarm at Google Plan to Acquire Spirit Airlines Data for AI Models","url":"https://stock-news.laohu8.com/highlight/detail?id=2674078800","media":"Reuters","labels":["policyRegulatory","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2674078800?lang=en_us&edition=fundamental","pubTime":"2026-10-09 03:15","pubTimestamp":1791486916,"startTime":"0","endTime":"0","summary":"Lawmakers raise alarm at Google plan to acquire Spirit Airlines data for AI modelsWASHINGTON, Oct 8 -More than 120 US lawmakers raised concerns on Thursday about Alphabet's Google unit acquiring defunct carrier Spirit Airlines' internal data for $10 million to train artificial intelligence systems.The lawmakers led by Senator Elizabeth Warren and Representative Steven Horsford said the sale would include 100 million emails, 500 million Microsoft Teams messages and other employee records.The lawmakers asked the company to \"exclude employee information from the transaction to the greatest 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stocks drop after report that OpenAI’s revenue is lower than expected","url":"https://stock-news.laohu8.com/highlight/detail?id=2674000768","media":"CNN Business","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2674000768?lang=en_us&edition=fundamental","pubTime":"2026-10-09 03:07","pubTimestamp":1791486433,"startTime":"0","endTime":"0","summary":"Tech stocks dropped on Thursday after a news report that OpenAI’s annualized revenue is about $20 billion less than previously reported.OpenAI, the maker of ChatGPT, recently told investors that its annualized revenue was nearing $50 billion, according to the Financial Times, lower than the $70 billion figure previously reported by media, including the FT, based on information from investors.The discrepancy could rattle investors already questioning whether demand for AI will be strong enough to help companies like OpenAI and Anthropic turn a profit and justify the industry’s enormous spending on the AI buildout.A source familiar with the documents said the $70 billion figure did not come from OpenAI and likely came from a desire by firms to compare OpenAI’s numbers with Anthropic’s, which includes gross revenue from cloud providers. 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