OpenAI's operational performance and funding prospects are far worse than they want people to believe.

Almost everything OpenAI claims in its February 27th, 2026 press release is highly misleading.

OpenAI has long claimed to be compute constrained, with demand for ChatGPT supposedly exceeding supply, leading Sam Altman to sign many forward data center commitments.

OpenAI AI has not been having a great year.

OpenAI has significant reputational damage amongst effectively all of its stakeholders.

OpenAI is burning billions of dollars every month on top of trillions of dollars in future spending commitments with no clear answer for how it's going to get that money.