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Posted by zlatkov 14 hours ago

OpenAI raises $110B on $730B pre-money valuation(techcrunch.com)
https://openai.com/index/scaling-ai-for-everyone/

https://x.com/sama/status/2027386252555919386

https://xcancel.com/sama/status/2027386252555919386

415 points | 481 commentspage 5
yakkomajuri 14 hours ago|
I guess no GPT on Bedrock still it seems
throw03172019 13 hours ago|
They announced more OpenAI models coming to bedrock.
snitch182 14 hours ago||
730 Billion certainly is a bubble that will pop sooner or later.
thinkingtoilet 14 hours ago||
Only $730B? Why stop there? As long as we're making stuff up, let's go big. What about $10T?
muzani 14 hours ago||
They have to save the big T for IPO.

On a tangent, I remember companies like Slack triggering the unicorn craze. They said that it was just better to aim for a billion than some number like 900M or 1.2B, because psychologically, it meant more to employees, investors, and customers.

OpenAI is in that place where nobody really cares for these mind games. It's not very reliable. But it is useful enough to pay for. It's cheap enough to be an impulse purchase where some guy decides to just subscribe to ChatGPT because they're working on an important slide or sketching a logo.

sunaookami 14 hours ago|||
Rookie numbers, I say $100T. Go big or go home.
frizlab 13 hours ago||
https://paintraincomic.com/comic/first-date/
outside1234 13 hours ago|||
Remember when it was a huge milestone when gigantic companies like Apple and Microsoft were striving to be the first $1T company backed with decades of building actual businesses with actual profit?

Good times.

etyhhgfff 9 hours ago||
You have to make it look semi-realistic
bssac045 15 hours ago||
What are they going to do with it?
lysace 7 hours ago||
Ok, I'm getting out.
vb-8448 14 hours ago||
Burn baby, burn!

BTW, real money or credits?

duxup 13 hours ago||
Feels like Nvidia getting in the game here might just put them at more risk. If things don't work out they'll be out their money and future sales and so on.

It is bad enough AI sucked up so much investment money, hitting companies that do make profitable things hard if AI bubble collapses would be bad...

robotnikman 5 hours ago||
Great, now when are memory prices going to go back to normal?
CabSauce 5 hours ago|
Don't worry, if it all comes down, you'll be able to buy RAM and GPUs by weight.
ChrisArchitect 13 hours ago||
Source: https://openai.com/index/scaling-ai-for-everyone/ (https://news.ycombinator.com/item?id=47180302)
benatkin 13 hours ago|
I thought with OpenClaw they'd get more than a 3.67x multiplier of what Anthropic raised.
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