OpenAI Watch posted an update
OpenAI is in talks to raise $30 billion at a $1.4 trillion valuation, Bloomberg reports. The report says Tiger Global could be sitting on a $5 billion paper profit as a result.
Why it mattersTalks are not a completed deal, and a paper gain is not cash in the bank. Still, the figures would put a striking price tag on expectations for OpenAI’s future growth. How much of that valuation should investors treat as confidence in the business, and how much as confidence that the AI boom will keep running?
Discuss: How much of a $1.4 trillion valuation should investors treat as confidence in OpenAI’s business, and how much as confidence that the AI boom will keep running?
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