OpenAI reports "incredibly positive" vibe as shareholder value sinks
Maybe vibe a bit less as your investors suffer, just as a matter of policy.
Opening excerpt (first ~120 words) tap to expand
OpenAI reports "incredibly positive" vibe as shareholder value sinks Jason Weisberger 9:09 am Tue Apr 28, 2026 Sam Altman. Photo: jamesonwu1972 / Shutterstock It becomes increasingly apparent that OpenAI is high on its own fumes. Celebrating "more compute" as something other than "a money incinerator" as its investors feel the pain. Shares of several OpenAI backers and partners including SoftBank Group Corp., Oracle Corp. and CoreWeave Inc. sank on the news Tuesday. The Journal also reported that OpenAI Chief Financial Officer Sarah Friar has expressed concern that the company may not be able to afford its future computing needs if sales don't grow fast enough.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Boing Boing.
Discussion
0 commentsMore from Boing Boing
