Ed Zitron argues the AI boom ends when the money runs out. His Nov 3, 2026 piece says the money is now getting harder to raise. This page turns his figures into charts. Click any bar, card or node to drill down.
Source: âRunning Dryâ, Whereâs Your Ed At, Nov 3, 2026. It is an opinion piece. Figures are as the article reports them. Tags mark which numbers I worked out myself.
â Click any bar, card or node to open its detail panelOpenAI hoped to raise $30B at about $1.4T. It closed $11B at $1.25T. The article says that cash covers less than one quarter of its costs.
Switch the view. Click a row to see where the number comes from.
Dollars, billions. Click a bar.
Known inflows named in the article.
Anthropicâs expected IPO price fell by hundreds of billions in under a month. OpenAI needs a much better exit than Anthropic to give its newest investors a gain.
Solid bars are single figures. Wider spans show a reported range.
Revenue rose about 47%. Compute costs rose about 77%. So each compute dollar brought in less revenue: $2.08 â about $1.72.
Dollars, billions. Click any column.
$9.9B total. Click a segment.
Revenue lost to price cuts and contract discounts, $ millions.
The five named items add up to $895.3B. Two footnoted ranges could add $275Bâ$325B more. The article says the filingâs âper yearâ table hides how soon the money is due.
Dollars, billions. Click a bar.
Dollars, billions. Click a bar.
Move the sliders. See how big the funding gap gets if revenue does not pay for the commitments.
This is my simple model, not the articleâs and not Anthropicâs. It ignores timing, interest income, and cancellable deals.
With the default sliders the gap is about $50B a year. That is close to the articleâs own estimate of âaround $50 billion a yearâ in new debt.
Data center construction starts fell 64% in one month. Neocloud bonds are shut out. A junk rating would push Anthropicâs borrowing cost to 8%â11%.
$ billions per month (Westside, via article). Click a column.
Interest rates named in the article, %.
Dollars, billions.
OpenAI was nearly 11% of Microsoftâs latest quarterly revenue. About 44% of Anthropicâs revenue passes through Google and Amazon.
$ billions. Click a column.
Share of revenue, %.
Click each step.
The article says many AI plans lose money on heavy users. When funding tightens, prices or limits change. It calls this a rug pull.
Per The Information, Aug 2025. Hover or tap a point.
Share of OpenAI + Anthropic revenue, %.
Two money streams hold the boom up. The article says both are weakening.