ChatGPT maker OpenAI was dealt a one-two punch on Tuesday, in a pair of separate blows that could undermine the firm’s dominance in the AI field.

First, as The Economist reports, Microsoft and Nvidia announced that they had signed a $350 billion deal with competitor Anthropic, “strategic partnerships” that almost doubled the latter company’s September valuation.

Then, Google came in with the kill by releasing Gemini 3, its latest and “most intelligent model” that impressed in early tests, especially when compared to OpenAI’s latest GPT-5.1 model, which debuted just last week.

In short, OpenAI’s grip looks shakier than ever — despite the firm’s meteoric rise to fame following the advent of ChatGPT almost exactly three years ago.

Complicating matters is a skittish market. Concerns over a

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