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Can the AI industry survive if OpenAI collapses?
short by Jessica Rajan / on Sunday, 19 July, 2026
AI critic and researcher Ed Zitron warned that OpenAI's collapse could trigger a crisis similar to the 2008 Lehman Brothers meltdown. "OpenAI is the reason anyone cares about AI," he said, arguing that the company is driving the current AI boom. He added that if OpenAI fails, "the justification for trillions of dollars of capex evaporates."
read more at NewsBytes