Is OpenAI in trouble?

Is OpenAI in trouble?

1. OpenAI’s market share drops below 50% for the first time and Google is quickly eating into it.
2. OpenAI’s audited financials for 2025: $13.07 billion in revenue and $34 billion in costs. The losses increase 8x compared to 2024.

OpenAI is burning their cash while there is only so much capital in the world.

Would anyone buy OpenAI stock over Anthropic? Or will they most likely be absorbed by Microsoft or Amazon?

Credit: Andriy Burkov, Gary Marcus, Ed Zitron – Where’s Your Ed At, Financial Times