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OpenAI is in a relatively precarious position, even after its recent funding round. Its current struggles raise questions about how long it can stay on top.
OpenAI is juggling public controversies, strategy shifts, and increasing competition.
OpenAI is in a relatively precarious position. The company is and has been a funding behemoth — just over a week ago, it closed $122 billion in funding at a post-money valuation of $852 billion. It’s potentially planning for an IPO later this year. ChatGPT’s longtime lead in consumer-facing AI led it to name-brand status akin to “Kleenex” for tissues. But in recent months, a slew of executive reshufflings, discontinued projects, and other news has raised questions about how stable the company really is — and how long it may be able to stay on top.