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US Suspends Microsoft, Adobe and IT Firms From Green Card Program; OpenAI Revenue Gap Hits AI Stocks
2026-10-08•SiTech AI Team

US Suspends Microsoft, Adobe and IT Firms From Green Card Program; OpenAI Revenue Gap Hits AI Stocks

The US suspended Microsoft, Adobe and major IT outsourcing firms from the PERM green card program over alleged H-1B fraud. A report that OpenAI's annualized revenue is $20B below earlier estimates rattled AI stocks.