OpenAI is too big to fail.

Despite not yet being profitable, OpenAI is still valued at over $500 billion. Photo: Bloomberg .

From a non-profit laboratory, OpenAI has become a focal point of the American economy . Although not yet profitable, with revenue only 2% of Amazon's, the company led by Sam Altman is valued at over $500 billion and plays a key role in the global AI race.

OpenAI is becoming a force that is difficult for both the financial and technology industries to grasp. Despite still being a startup, this AI giant now has a profound influence on major technology corporations, the financial system, and even US economic policy. Some experts warn that, with its intricate network of investments and deals, OpenAI may have become “too big to fail,” a concept previously associated with banks during the 2008 crisis.

Too big to collapse

OpenAI was founded in 2015 with the mission of developing AI for the benefit of humanity. But within just a few years, the company shifted to a profit-driven model to raise private capital, signing a series of agreements with giants like Microsoft, Nvidia, and Oracle.

Microsoft currently holds approximately 27% of the shares, while chipmaker Nvidia has announced an investment of up to $100 billion in OpenAI. As the share values of these corporations surge, the market becomes increasingly dependent on OpenAI's momentum.

OpenAI's influence has far-reaching effects on fields beyond AI. Photo: Bloomberg .

Observers believe this interconnectedness is increasing systemic risk. Lessons from the 2008 financial crisis show that it's not just giant corporations that cause chain reactions, but also companies deeply intertwined with entire economic networks. OpenAI, with its ambition to control computing infrastructure and lead the AI industry, is at the heart of that network.

Altman once said he believed AGI would help humanity solve major problems like cancer or climate change. This vision has made OpenAI a symbol of American technological confidence amidst a stagnant economy and public debt exceeding $30 trillion .

The US government is also considering AI a strategic priority. Amid intense competition with China, Washington views OpenAI as a "national champion" in the fields of defense and economic security. According to analysts, this gives the company easier access to investment packages, computing infrastructure, and special support policies.

However, OpenAI's rapid growth has also generated political and social concerns. Senator Bernie Sanders recently called for the company to be broken up, arguing that its influence and that of the ChatGPT chatbot are "like a meteor hurtling towards the planet." This warning stems from OpenAI's projected revenue of only around $13 billion this year, a modest figure compared to the company's current influence.

Widespread impact

After a period of restructuring, OpenAI recently simplified its operating model, paving the way for the possibility of raising more private capital and even going public. Chairman Bret Taylor described this as a step forward for the company to serve the interests of all humanity. Meanwhile, investors believe OpenAI could become the first company to reach a trillion-dollar IPO valuation, an unprecedented record for a company that is not yet profitable.

CEO Sam Altman believes OpenAI is only at the starting line. Photo: Bloomberg .

However, some experts compare the current wave of investment in AI to the dot-com bubble or even the tulip mania of history. They argue that behind the technological prospect lie complex financial agreements that could destabilize the entire system if expectations collapse.

Altman still believes that the future belongs to AI and OpenAI is only at the starting line. However, the increasing interdependence between the company and major tech giants means that the question of what would happen if OpenAI failed is no longer hypothetical.

With its current rate of expansion and influence, OpenAI is no longer just a startup; it has become a vital link in the American economy. The increasing reliance of technology corporations, investors, and even governments on OpenAI is transforming the company into a factor that could shape the future of the global economy and technology.

Source: https://znews.vn/openai-kho-sup-do-post1599503.html