Business

AI Market Shifts as OpenAI Threat Weakens

Updated 2026-06-26 22:25 UTC 2 sources Positive

ServiceNow and Salesforce saw a surge in their stock prices after the threat from OpenAI diminished. Oracle's stock underperformed due to its ties with OpenAI.

Coverage timeline — 2 articles

MarketWatch

ServiceNow, Salesforce and other software stocks surge as the OpenAI threat weakens

Oracle’s stock missed out on the broader software rally, as the company is tied to OpenAI’s success through its cloud-infrastructure business.

2026-06-26 22:09 UTC

CNBC

China's Zhipu is closing in on top U.S. AI models with Anthropic and OpenAI held back

Zhipu's GLM 5.2 shows the AI fight is shifting to who delivers the most intelligence per dollar, making open source suddenly a real contender.

2026-06-26 22:11 UTC