The AI Bubble Pops… Or Did It? (Spoiler: Probably Not)

The Journal’s report was as specific as a witch’s recipe. CFO Sarah Friar, who’s been quietly warning her colleagues that OpenAI might not be able to afford future computing contracts at their current revenue rates, called the situation “ridiculous” in a joint statement with Altman. “We’re totally aligned on buying as much compute as we can!” they declared, while the market rolled its eyes like a teenager hearing “I’m fine” after a car crash.

Greedfall and Steelrising developer Spiders look set to close their doors, according to a recent report

Nacon is currently starting the legal process to potentially close down Spiders, though sources at Origami say this is just a preliminary step for now. Origami also notes that most companies going through similar restructuring end up being fully liquidated. Nacon was reportedly trying to find a buyer by mid-April, but that deadline has passed without a deal.

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Galaxy Stock Surges Despite Loss: A Twain-Style Side-Eye

Galaxy Digital’s shares have crept up to the neighborhood of $25.00, a modest uptick of roughly 14% for the year, while the books show a net loss of $216 million for the first quarter of 2026. The loss, mind you, is about what you’d expect when digital assets go through the crypto wringer-money vanishes like coins in a magician’s sleeve when the market gets twitchy.