The tale of two "code red" alerts, three years apart, highlights that even a buzzy AI pioneer like OpenAI can face competitive pressures.

OpenAI has fundamentally shifted from a position of unchallenged dominance to a defensive “code red” as Google made gains in a part of the AI model development process that OpenAI has struggled in for the last 12 months.

The Hangzhou-based company released DeepSeek-V3.2 and a more specialized variant, DeepSeek-V3.2-Speciale, which it says can match or approach the performance of OpenAI’s GPT-5 and Google’s Gemini-3 Pro on key reasoning and math benchmarks.

When OpenAI unleashed ChatGPT, it awoke Google from its slumber. As Google now reimagines its business in the age of AI, big questions lie ahead.

The San Francisco-based company is said to be exploring a plan to lease at least 500 MW of data centre capacity from HyperVault, TCS's newly established data centre arm

There is cutthroat competition for Australian AI customers and some start-ups say OpenAI is starting to lag the likes of Google and Anthropic.

OpenAI has made huge spending commitments totaling more than $1 trillion. Those include a $300 billion cloud-computing deal with Oracle and a $250 billion arrangement with Microsoft. OpenAI is valued at around $500 billion and expects to reach over $20 billion in annualized revenue this year.