The vibes are off at OpenAI

April 8, 2026 Hayden Field

Photo collage of Sam Altman in front of the OpenAI logo.

OpenAI is in a relatively precarious position. The company is and has been a funding behemoth - just over a week ago, it closed $122 billion in funding at a post-money valuation of $852 billion. It's potentially planning for an IPO later this year. ChatGPT's longtime lead in consumer-facing AI led it to name-brand status akin to "Kleenex" for tissues. But in recent months, a slew of executive reshufflings, discontinued projects, and other news has raised questions about how stable the company really is - and how long it may be able to stay on top.

OpenAI's current batch of public controversies started early in the year. At the end of Febru …

Read the full story at The Verge.

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