OpenAI could go bankrupt in 12 months if it doesn’t raise some serious cash – but is the Microsoft-backed AI giant too big to fail?

OpenAI could be on the brink of collapse with projected losses totaling $5 billion, according to analysis conducted by The Information that drew on previously undisclosed financial information.

This means the AI trailblazer could be on track to go bankrupt within the next 12 months, with details from the report putting OpenAI way out ahead in spending compared to counterparts in the generative AI space.