OpenAI declares 'code red' as Google catches up in AI race

Re:OpenAI declares 'code red' as Google catches up in AI race by cmiles8 on Tuesday December 02, 2025 @04:12PM (#46126941)

Kind of, but there are limits. The investors still have LPs who aren’t going to be happy if things get messy. Things can still get really ugly even for a private company.

[ Parent | on HN ]

Re:OpenAI declares 'code red' as Google catches up in AI race by sethops1 on Tuesday December 02, 2025 @04:45PM (#46127301)

The LPs are eyeing that $1 trillion IPO to dump on retail. They don't care what Sam says until then.

[ Parent | on HN ]

Re:OpenAI declares 'code red' as Google catches up in AI race by cmiles8 on Tuesday December 02, 2025 @06:10PM (#46128205)

That ship has sailed. CNBC talks about the AI bubble and over-valuation every day. Retail investors won’t touch OpenAI. It’s increasingly looking like these LPs will be left holding the bag when the music stops.

[ Parent | on HN ]

Re:OpenAI declares 'code red' as Google catches up in AI race by mi_lk on Tuesday December 02, 2025 @06:46PM (#46128511)

I mean people talk shit about crypto for years, for good reasons, yet it keeps printing for some

[ Parent | on HN ]

Re:OpenAI declares 'code red' as Google catches up in AI race by azemetre on Tuesday December 02, 2025 @05:18PM (#46127719)

Most of the credit being throwing around isn't coming from traditional banking companies, mostly private credit being utilized.

Private credit isn't really unregulated.

If you're interested in learning more I believe Matt Stoller has written a few articles about the private credit markets.

[ Parent | on HN ]