The AI industry continues to pour tens of billions of dollars into resource-intensive models and the infrastructure to run them. Google and Meta already have successful businesses doing other things, but OpenAI doesn’t. “Even if OpenAI reneges on many of those promises and pays for others with its overvalued shares, the company must still find daunting sums of capital,” Mallaby wrote. Many other experts agree that 2026 could be a “make-or-break year” for OpenAI as pressure on the industry continues to mount. More on OpenAI: ChatGPT Killed a Man After OpenAI Brought Back “Inherently Dangerous” GPT-4o, Lawsuit Claims