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OpenAI refutes reports of underperformance, stating that its business is operating at "full capacity." - CoinFeed
Time 05:56

OpenAI refutes reports of underperformance, stating that its business is operating at "full capacity."

April 29, 2026
CoinFeed News

CoinFeed reported on April 29th that OpenAI refuted external doubts about its sales growth on Tuesday, stating that both its consumer and enterprise businesses were "going all out." The Wall Street Journal had previously cited sources indicating that OpenAI had failed to meet several targets, and that CFO Sarah Friar had expressed concern that the company might be unable to meet future computing power demands if sales growth wasn't fast enough. Following this report, the stock prices of several OpenAI investors and partners, including SoftBank Group, Oracle, and CoreWeave, fell. In an emailed statement, OpenAI stated that demand from enterprise clients and its nascent advertising business continued to grow, and that "the internal atmosphere is very positive." OpenAI called the Wall Street Journal's report "typical sensationalism."

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