Tyler Crowe

We're going to talk General Motors' earnings, as well as hitting a mailbag question that we got earlier in the week.

But like I said at the top, we're going to start with OpenAI.

There was a Wall Street Journal article that came out either last night or this morning that was reporting that OpenAI isn't meeting some of its user revenue goals, and it's making all that spending and compute power that we've been talking about for the past several weeks, months, even a couple of years, it's getting harder to swallow.

And there's been some knock-on effects on the market as well.

Shares of companies with close ties to OpenAI are down on the news, thinking companies like Oracle and

CoreWeave.

Now, guys, I'm going to ask you, Lou, Matt, I'm going to ask you guys your thoughts on this in a minute.

But this is what stood out to me, is that CEO Sam Altman is trying to move towards an IPO somewhat aggressively.

But the company raised $122 billion less than a month ago.

And I find it

odd that a company that has raised so much money recently is already preparing an IPO for what I would assume is more funding.

I thought that's what IPOs are for.

There's a bunch of other angles I'm sure we can take here.

You guys all have your own takes, but let's start with this.

Are companies that have hitched their wagon to open AI, like the Oracles, like the Corweaves of World, in a little bit of stress or trouble here based on what was said in this Wall Street Journal report?

Matt, let's start with you.

I hate to say it, but maybe.

I like the point of OpenAI could come back around, ChatGPT could have a comeback.

We've seen these AI models rise and fall really quickly.

It makes you think of internet search browsers of the 90s, where it was Netscape, Ask Jeeves, and Yahoo were the dominant forces for a long time.