Three years after ChatGPT made OpenAI the leader in artificial intelligence and a household name, rivals have closed the gap and some investors are wondering if the sensation has the wherewithal to stay dominant.

Investor Michael Burry, made famous in the film ¡°The Big Short,¡± recently likened OpenAI to Netscape, which ruled the web-browser market in the mid-1990s only to lose to Microsoft¡¯s Internet Explorer.

¡°OpenAI is the next Netscape, doomed and hemorrhaging cash,¡± Burry said recently in a post on X, formerly Twitter.