New Report Drops OpenAI Bomb at Worst Possible Time

A new Wall Street Journal report claims OpenAI missed internal revenue and weekly active user targets in early 2026. The story landed hours before US markets opened on April 28, pulling AI-linked shares lower in pre-market trading. According to CNBC’s Mad Money host Jim Cramer, the report was a recycled hit job timed to rattle AI stocks before earnings season. Report Lays Out OpenAI’s Internal Misses The piece said OpenAI fell short of internal goals for revenue and weekly active users during early 2026. The shortfall came as rivals picked up share in coding and enterprise workloads. ChatGPT also missed its internal target of 1 billion weekly active users by year-end. Gains by Anthropic and Google’s Gemini were cited as a key reason. Developer-heavy segments saw the sharpest competitive pressure, according to the report. OpenAI is racing toward a possible public listing valued near $850 billion. The company has signed compute commitments worth hundreds of billions of dollars with cloud partners. That includes a recently restructured arrangement with Microsoft that ended Azure exclusivity. we have updated our partnership with microsoft.microsoft will remain our primary cloud partner, but we are now able to make our products and services available across all clouds.will continue to provide them with models and products until 2032, and a revenue share through…— Sam Altman (@sama) April 27, 2026 CFO Sarah Friar Pushes for Tighter Spending Discipline Chief Financial Officer Sarah Friar warned colleagues that aggressive capital expenditure could outpace revenue if growth does not accelerate. Internal debate has reportedly grown over whether OpenAI can fund its data-center pipeline before any public listing. Friar has previously told colleagues that OpenAI is not ready for its planned 2026 listing. CEO Sam Altman, by contrast, has favored a faster timeline and continued aggressive investment in compute. Not who you want in charge of superintelligence https://t.co/V9Sp1W...