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ChatGPT's market share slips below 50% for first time
(techcrunch.com)
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this post was submitted on 17 Jun 2026
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I have never seen that happen. I have only seen companies get bailed out. It’s been decades since a giant insolvent company was split apart and sold for pennies on the dollar. They just enough money to buy financially solvent competition
I don't mean giant companies exclusively, I mean all of them. If the owners have a decent accountant and lawyer, the company will bankrupt and the owners will end up richer.
And I don't mean selling the company on pennies, I mean hollowing the company then letting it turn into dust.