🔬 Science Apr 12, 2026 · Victor Tangermann

Why Does It Suddenly Feel Like OpenAI Is Melting Down Into Disaster?

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Why Does It Suddenly Feel Like OpenAI Is Melting Down Into Disaster?
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OpenAI is gearing up for a potential IPO later this year at a staggering valuation of up to $1 trillion — a meteoric rise from a mere $29 billion in January 2023, months after launching ChatGPT.



Just under three and a half years after its watershed moment, OpenAI seems almost unrecognizable. This year, in particular, has been a rude awakening for the Sam Altman-led company, with a string of bad news and controversies raising some hard-to-ignore questions about its long-term viability and abil

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