Asset Manager Warns That OpenAI Is Likely Headed for Financial Disaster
Victor Tangermann
created: Jan. 25, 2026, 11 a.m. | updated: Feb. 4, 2026, 11:08 a.m.
Just over three years ago, OpenAI opened the floodgates with the launch of ChatGPT.
For one, experts have pointed out that OpenAI’s business fundamentals are inherently different from those of its competitors like Google.
These legacy businesses can tap existing revenue sources to bankroll their major AI capital expenditures.
(The company’s recent announcement that it’s stuffing ads into ChatGPT is likely a bid to shift that reality.)
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