Mark Cuban Warns OpenAI Could Face ‘Deep Trouble’ Over Valuation and AI Spending

Billionaire investor Mark Cuban has expressed concern about OpenAI’s fundraising, valuation and infrastructure spending, warning that the company could face “deep trouble” if its economics do not deliver.

Speaking on the Big Technology podcast, Cuban criticized the rapid pace of spending on artificial intelligence infrastructure. He pointed to OpenAI’s reported $122 billion raise at an $852 billion valuation and questioned whether the financial returns implied by such numbers would materialize.

His remarks add to growing scrutiny of the economics behind the AI boom. As companies commit vast sums to computing infrastructure and model development, investors and industry observers are increasingly questioning whether current valuation models can be sustained.