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BUSINESS

Markets & Industry • Wednesday, September 17, 2025

AI STOCKS SURGE 15% FOLLOWING OPENAI ANNOUNCEMENT

— INVESTORS RALLY BEHIND OPEN-SOURCE MOVEMENT —

Stock markets across the globe experienced unprecedented volatility today as news of OpenAI's open-source release sent shockwaves through the technology sector. The AI industry index rose by 15% in early trading, with several companies seeing their valuations double within hours of the announcement.

"This is a watershed moment for the industry," declared Mr. James Richardson, senior analyst at Morgan Stanley. "The decision to open-source these models has fundamentally altered the competitive landscape. Companies that can adapt quickly to this new paradigm will thrive, while those that cannot will face extinction."

The surge was not limited to AI companies alone. Semiconductor manufacturers, cloud computing providers, and even traditional businesses with AI applications all saw significant gains. The broader technology sector rose by 8%, while the FTSE 100 gained 3% on the news.

MARKET MOVERS

OpenAI: +25% (Private)

NVIDIA: -12%

Microsoft: +8%

Google: +6%

Meta: +18%

SECTOR PERFORMANCE

AI/ML: +15%

Semiconductors: +8%

Cloud Computing: +12%

Cybersecurity: +5%

Fintech: +7%

NVIDIA SHARES FALL AMID CHINA BAN

— CHIP MAKER FACES SIGNIFICANT LOSSES —

NVIDIA Corporation saw its stock price plummet by 12% following China's announcement of a ban on American AI chips. The company, which derives approximately 25% of its revenue from Chinese customers, faces the prospect of losing one of its most lucrative markets...

VENTURE CAPITALISTS RUSH TO AI STARTUPS

— $2 BILLION IN NEW FUNDING ANNOUNCED —

Venture capital firms have announced over $2 billion in new funding for AI startups in the past 24 hours, as investors seek to capitalize on the open-source movement. The funding round represents the largest single-day investment in AI history...

BUSINESS BRIEFS

LONDON STOCK EXCHANGE HITS RECORD HIGH

FTSE 100 reaches all-time high as AI optimism drives market rally across all sectors...

BRITISH AI COMPANIES SEEK FUNDING

Domestic AI startups report surge in investor interest following OpenAI announcement...

BANKING SECTOR EMBRACES AI

Major banks announce plans to integrate new AI models into customer service operations...

MARKET REPORT

FTSE 100

+3.2%

NASDAQ

+8.7%

DOW JONES

+5.1%

S&P 500

+6.8%