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OpenAI Delays IPO As Customers Revolt

Wall Street Millennial | July 6, 2026



In this video we discuss recent reporting that OpenAI is delaying its IPO to 2027.

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#wallstreetmillennial

0:00 – 4:35 OpenAI Delays IPO
4:36 – 7:20 Ephemeral Demand
7:21 – 15:13 Work Slop
15:14 Price War

Written by Wall Street Millennial

Comments

This post currently has 29 comments.

  1. @ladyskinwalker

    July 6, 2026 at 5:32 am

    at this point companies should start building their own systems and running their own models locally, you can do whatever you want with the models that way and mint and manage tokens at will, even if your employees may start periodically complaining that the talkbox is slow.

  2. @josephlenton2165

    July 6, 2026 at 5:32 am

    What I find the most surprising part of Sam Altman’s remark on cost, is that he said he hadn’t heard that before. In at least 2024, Google engineers were publicly about cost being a trend for them to focus on. As lower cost allows you to explore using AI in every product.

    If 2026 really is the first time he’s heard cost is an issue, then it suggests OpenAI is behind the curve. I suspect it’s not though.

  3. @evanmcdonnal

    July 6, 2026 at 5:32 am

    Asking questions does still consume a tremendous amount of tokens due to the context window. The heavy users that talk to AI all the time will have a full context window (potentially something like one million tokens) which will be passed through the model alongside the system prompts and the latest question. I point this out because the way you describe it would lead one to believe those real costs only apply to the enterprise but that’s not true. The basic users are heavily subsidized as well.

  4. @DieSportsKanone

    July 6, 2026 at 5:32 am

    18:00 Isn't it so that actually openAI rents computing power, they don't operate
    data centers? Like a data-center-less company, analogous to fabless semiconductor
    company.

    The fabless model turned out to be the best for AMD, NVIDIA and others,
    could be similar with openAI .

  5. @buttpub

    July 6, 2026 at 5:32 am

    what the h*ll are you even trying to convey with this way too long a video? bla bla bla bla and zero information regarding your actual video title.19 minutes long because of youtube algos?

  6. @CelluloidPoisoning

    July 6, 2026 at 5:32 am

    Don’t know why people are ditching open AI. I use both fable and ChatGPT 5.5 and both are well aware of each others move through my deliberate orchestration, both Fable and ChatGPT 5.5 work well together forcing each other through a consensus to always come up with the right answer.

  7. @ClewlessClay

    July 6, 2026 at 5:32 am

    One of the scary things about using Ai for work is that it's basically a bullshitting machine, and it's accurate most of the time, but if you can think back to the GPT-2 days and what that sounded like, modern models aren't any fundamentally different, just larger and capable of bullshitting at a much higher level (which in most cases surpasses most people's ability to tell the difference.) So I guess that's why bosses like it lmaoo. If you're curious about what GPT-2 sounds like, look up r/SubSimulatorGPT2 and it's younger brother r/SubSimulatorGPT3

  8. @jongbongkim4386

    July 6, 2026 at 5:32 am

    Soviet union went bankrupt from space race against US. Now US is going bankrupt from AI race against China providing a lot cheaper models at much cheaper costs. What a pity. A thought from South Korea

  9. @Scott-j6s

    July 6, 2026 at 5:32 am

    If this channel existed in 1995 I think it'd be talking about how useless the internet is and how dumb it is for companies to have websites.

  10. @mikapeltokorpi7671

    July 6, 2026 at 5:32 am

    I can attest this. I was let to be aware of one, franckly quite neat, LLM based implementation. It was planned out to be rolled out in June, but now it eats all the tokens under a week. Which, by the way, coincides with OpenAI 2x:ing token prices (more like 4x as the consumption/rates for the models went up, too). Result: the project is on ice, at least foreseeable future.

  11. @mwwhited

    July 6, 2026 at 5:32 am

    KPMG is a joke. They will write whatever you want in a report as long as you pay them. This is the say will all the big consulting companies. The are just mirrors of whatever your c-suite wants and it’s the majority is written by fresh college graduates that have no idea what they are actually doing.

  12. @pn2543

    July 6, 2026 at 5:32 am

    AI is now just a commodity, and China's AI token cost is 1/10th OpenAI's and just as good, there is no way to spin that story into an IPO for OpenAI, the ultimate irony is AI is now truly 'Open' haha, hold on to your 401k, its gonna be brutal

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