"It was clear that if we didn't do it, the world was gonna be mostly built on Chinese open source models," Altman said.

Many fears of an AI bubble had hit a fever pitch at the start of this year when Chinese start-up DeepSeek released a competitive reasoning model.

OpenAI CEO Sam Altman believes that, given all the AI hype from investors and the subsequent capital expenditure, that we're current in an AI bubble, which he revealed during a conversation with The Verge,