The Verge • 4/8/2026

OpenAI recently closed $122 billion in funding at a post-money valuation of $852 billion and is potentially planning for an IPO later this year. The company has achieved name-brand status in consumer-facing AI, particularly with ChatGPT. However, recent executive reshufflings, discontinued projects, and public controversies have raised questions about the company's stability and its ability to maintain its leading position.
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