---
id: "entity-openai-d2"
type: "entity"
entityType: "organization"
canonicalName: "OpenAI"
aliases: []
source_timestamps: ["¶2", "§ Is This a Bubble?"]
source_url: "https://hbr.org/2025/10/is-ai-a-boom-or-a-bubble"
source_title: "Is AI a Boom or a Bubble?"
tags: ["ai-models", "infrastructure"]
related: ["concept-circular-financing", "entity-sam-altman", "entity-nvidia", "entity-walmart"]
sources: ["futures"]
sourceVaultSlug: "hbr-seg-futures"
originDay: 2
articleStem: "hbr-foci-74-ai-boom-or-bubble"
sourceUrl: "https://hbr.org/2025/10/is-ai-a-boom-or-a-bubble"
sourceTitle: "Is AI a Boom or a Bubble?"
---
# OpenAI

An AI research and deployment company engaging in multibillion-dollar [[concept-circular-financing|circular financing]] deals with [[entity-nvidia-d2|Nvidia]] and AMD. Led by [[entity-sam-altman|Sam Altman]], who is pushing the company **beyond chatbots toward agentic AI and infrastructure platforms** (see [[quote-altman-infrastructure|his infrastructure-demand quote]]). Also signed a deal with [[entity-walmart-d2|Walmart]] to allow direct product purchases through ChatGPT.

> **Enrichment note:** Canonical reference is the OpenAI official site. Company behind GPT-4 and ChatGPT; a major buyer of cloud compute and GPUs and recipient of large capital infusions from Microsoft and other investors.