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Sam Altman reportedly warns investors of a severe pullback in corporate AI spending at OpenAI and Anthropic

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Gary Marcus warns this decline threatens three upcoming AI IPOs

Original post

Gary Marcus@GaryMarcus

death of tokenmaxxing = potentially a very serious issue for all three big IPOs.

5:38 PM · Jun 3, 2026

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Positive users praise insightful commentary on AI spending warnings while negative users criticize OpenAI and Anthropic for manipulative fundraising tactics like tokenmaxxing and prioritizing IPO metrics over sustainable practices.

8 comments with sentiment.

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Gergely Orosz@GergelyOrosz·9hQuote tweet
Either Sam Altman reads The Pragmatic Engineer (I wrote about this in detail exactly one week ago for paid subscribers) or I'm just a week ahead to what he also sees!
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Gergely Orosz@GergelyOrosz·