Try GOLD - Free
Is AI juggernaut OpenAI becoming too big to fail?
Mint Chennai
|November 03, 2025
become a publicly traded company one day. Already, some are talking about how OpenAI might be the first trillion-dollar initial public offering.
-
In a blog post Tuesday, OpenAI Chair Bret Taylor marked the moment, declaring: “Built to benefit everyone.”
It’s the kind of altruistic talk Altman is known for as he predicts that superintelligent AI—or AGI—will help cure cancer and save humanity.
"I think AGI is probably necessary for humanity to survive—our problems seem too big to solve...without better tools," Altman tweeted a few years ago.
Microsoft, which will hold a 27% stake, saw its shares rise on the latest news, pushing its market value past $4 trillion. (Later in the week, Nvidia, which had previously announced plans to invest $100 billion into OpenAI, became the first $5 trillion company.)
The linkages between these tech behemoths and the stock market’s dependence on them are notable. The lessons of the financial crisis earlier this century weren't just that the banks were too big to fail, they were too interconnected to fail.
This story is from the November 03, 2025 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
Putin warns Russia may start N-tests
President Vladimir Putin said Russia has no plans to violate existing agreements on nuclear testing, but signalled that he’s ready to order them if US President Donald Trump moves forward with threatened US atomic weapons trials.
1 min
November 06, 2025
Mint Chennai
MoEngage gets funds to up global presence
Co to use the funds for innovation across customer engagement platform
2 mins
November 06, 2025
Mint Chennai
A91 Partners bets ₹300 crore on Spacewood for a 25% stake
A91 Partners invested ₹300 crore for a 25% stake in Nagpur-based modular furniture manufacturer Spacewood Furnishers, marking the private equity firm’s latest bet in consumer manufacturing segment.
1 mins
November 06, 2025
Mint Chennai
Titan bets on wedding season to sustain festive sales boost
Titan Co. Ltd, the country’s largest jewellery retailer by revenue, expects sales momentum to continue into the wedding season after a strong festive demand boosted its second-quarter earnings despite elevated gold prices.
2 mins
November 06, 2025
Mint Chennai
Google, Epic resolve 5-year app store fight
Firms tell judge they want to modify earlier order imposed on Google
2 mins
November 06, 2025
Mint Chennai
Nvidia joins India Deep Tech Alliance with $850 mn pledge
Qualcomm Ventures, Activate AI, Kalaari Capital are among the new investors
1 mins
November 06, 2025
Mint Chennai
Shipments to Nepal to be tracked digitally
The government has expanded the electronic cargo tracking system (ECTS) for Nepal-bound shipments, allowing transit cargo movement through additional Indian ports and new railroad routes.
1 min
November 06, 2025
Mint Chennai
Why India didn't grow as fast as other Asian countries
The ‘what ifs’ of Indian development are many and varied. Embarking on a kind of time travel, some observers will point out that India had a per capita income comparable to Korea’s, say, some six decades ago, and to China’s before Deng Xiaoping began his bold reforms in the late 1970s.
3 mins
November 06, 2025
Mint Chennai
Omifco to tap banks for Oman IPO
Oman India Fertiliser Co. (Omifco) has picked banks for a potential initial public offering in Muscat, according to people familiar with the matter, as the sultanate revives efforts to privatize state assets and deepen its capital markets.
1 min
November 06, 2025
Mint Chennai
India could be AI’s biggest bet: It has hordes of early adopters
The country’s multitudes could make excellent use of AI enablers
3 mins
November 06, 2025
Listen
Translate
Change font size