Grumman and McDonnell Douglas were saved from bankruptcy by mergers. It is very likely that other companies like Martin Marietta would have gone bankrupt post-Cold War save for mergers. Five major defense contractors were left out of around 50 previous major contractors. OpenAI may not go bankrupt, but that doesn't mean its independent future is secure.
OpenAI is already facing serious headwinds. Its 2025 revenue was only $13 billion, but it expects 2030 revenue to be around $280 billion. Two years ago, it expected to invest $1.3 trillion in data centers, hardware, and model training, but a few weeks ago, that was cut to $600 million. It's losing money on most of its subscriptions, even the $200 Pro level. Its early technology edge is fading, with Anthropic and Google competing for the top spot. It had to push out ChatGPT 5.2 earlier than planned, and that wasn't much of an upgrade over 5.1. They're still by far the most popular AI brand, but that doesn't mean permanent success.