OpenAI’s bad week misses the point, says tech analyst Gene Munster: ‘I think this is a true story—it is an example of over-analyzing’
OpenAI faced a turbulent week amid reports of slowing growth, internal concerns, and market volatility, but tech analyst Gene Munster argues the backlash reflects overreaction rather than fundamental decline. He maintains that OpenAI remains on a strong long-term trajectory despite short-term challenges. Munster emphasizes ongoing rapid growth and underappreciated assets like Codex, its coding tool based on GPT-5.5. He believes the broader AI landscape is still evolving and that both OpenAI and competitors like Anthropic can thrive.
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Sam Altman is having a pretty bad week, and it’s only Tuesday. On Monday, jurors were quickly seated in Oakland for his ‘hero,’ Elon Musk’s, $130 billion trial against him. Monday night, a fresh Wall Street Journal report knocked him down further, describing internal turmoil at OpenAI—slowing user growth, leading to missed revenue goals, leading to a CFO who has reportedly grown nervous about Altman’s appetite for compute.Recommended Video Now, as Altman sits in the courtroom awaiting Musk’s opening statement, the Nasdaq is taking a hit on the report, falling more than 1% from record territory and pulling down the names tied closely to OpenAI’s commercial orbit. Oracle, which inked a $300 billion data-center partnership with OpenAI last year, fell roughly 5%. CoreWeave dropped 7%.
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