AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure in Leaked Documents

Financial Times reveals that OpenAI’s annualized revenue is roughly $20 billion lower than previously expected:

https://futurism.com/future-society/ai-financial-bubble-openai-billions-failure

Microsoft can't afford to proofread the slide decks for their HIGH PROFILE PUBLIC PRESENTATIONS by the CEO any more.

It's true, relying on AI *really does* rot the brain.

Anthropic is planning an IPO and filed their draft S-1 prospectus in June! They were circulating that draft S-1 around their investors last month. And it leaked to Reuters, who wrote it up.

Anthropic’s money situation is as bad as we thought. Actual revenue in 2025 was $4.6 billion. Just the operating expenses were $12.65 billion, for an operating loss of $8 billion. They spent $2.75 to make each dollar that came in:

https://pivot-to-ai.com/2026/10/01/anthropic-ipo-filing-the-disaster-in-numbers/

Dolly Parton is dead:

https://people.com/dolly-parton-dead-7565853