In a hypothetical Netflix series about OpenAI’s internal drama, Jim Cramer of CNBC believes it would captivate Wall Street with its blend of tension and comedy. Recently, CEO Sam Altman declared a “code red,” reflecting concerns that Google’s Gemini 3 is gaining ground in user traction. Cramer emphasizes the importance of distribution and user trust, noting that Gemini is more accessible than ChatGPT. He warns that November usage data could reveal a winner-takes-all market scenario, increasing competition. OpenAI has reportedly paused various projects, potentially opening opportunities for rivals like Meta, Amazon, and Salesforce. Cramer highlights a significant financial risk: established tech giants like Alphabet and Amazon can borrow cheaply, whereas OpenAI’s heavy debt limits its options. He advises settling financial disputes, such as lawsuits, to alleviate costs and suggests that Microsoft might need to bolster its investment to stabilize OpenAI’s balance sheet.
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