this post was submitted on 18 Oct 2026
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They were supposed to do their IPO and have positive cash flow already. Time is running out before investors are getting antsy and there's no more money available for scaling up.
They gobbled up the easy money... now they have to work harder for more, and yeah, they may have to slow down a bit and embrace fiscal responsibility... I expect to see restructuring of debts along the way, but I'd be very surprised to see any of the major US based players implode.
Both Anthropic & OpenAI have debt repayments coming up in 2027 that: