Any idea who invested this round? Microsoft cant aquire more than 49% because regulators are on their ass looking at their relationship, right?
OpenAI completes deal that values the company at $80B
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Re: OpenAI completes deal that values the company at $80B
#32After seeing Sora, I feel like they should add another 0 to that number.
Likely those fundraising talks and numbers were already agreed upon and closed a while before they showed off Sora.
Re: OpenAI completes deal that values the company at $80B
#33Earlier quoted context omitted.
Nvidia has 26,000 employees and is worth 1.8 trillion which puts it at 69 million/employee.
I bet most employees get a slight fraction of that 69 million. Imagine what having more millionaires would do for the world and the economy ? Such a silly system we’ve created.
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Re: OpenAI completes deal that values the company at $80B
#34Earlier quoted context omitted.
I believe that is not how it works. I'll guess that the Investors did not even saw those demo, neither are they regular users of OpenAI's products.
Every investor I know or talk to is a very, very, very regular user of OpenAI's products - probably to a fault.
likely a different class of investor.
Re: OpenAI completes deal that values the company at $80B
#35Earlier quoted context omitted.
I bet most employees get a slight fraction of that 69 million. Imagine what having more millionaires would do for the world and the economy ? Such a silly system we’ve created.
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You think the total valuation of all companies divided by the total number of people comes out to a few cents?
The US GDP per capita was $80k in 2023. The global GDP per capita is $13K.
Even if you were to split up the valuation of OpenAI for every single person in the world, everyone would be getting $10.
How did you arrive at a few cents and what point are you actually trying to make?
Re: OpenAI completes deal that values the company at $80B
#36I call it OpenLIE. It's not open, not at all. Or call it GNU/OpenLIE, if you want to be pedantic.
Re: OpenAI completes deal that values the company at $80B
#37Any idea who invested this round? Microsoft cant aquire more than 49% because regulators are on their ass looking at their relationship, right?
Headline says Thrive Capital. Which maybe got the money from Microsoft Cayman Islands IV Inc.
Re: OpenAI completes deal that values the company at $80B
#38Re: OpenAI completes deal that values the company at $80B
#39AI Hype. Same applies to NVidia(40x sales valuation! The pickaxe seller). Their technology can be easily replicated given enough time, just look at open source LLMs already beating GPT3. Google, Claude and others showing their strengths, already par to GPT-4 and even better in some scenarios. Training is expensive, but it isn't expensive up to what they are valued at. It's good because that capital likely made a few…
With what Google are doing with Gemini, OpenAI are in danger of losing the LLM crown. I think they'll still have a solid brand, but perhaps not the best at anything. The competition in AI is too ferocious.
But the first mover advantage they had will likely have very long-term benefits.
Re: OpenAI completes deal that values the company at $80B
#40Earlier quoted context omitted.
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You think the total valuation of all companies divided by the total number of people comes out to a few cents? The US GDP per capita was $80k in 2023. The global GDP per capita is $13K. Even if you were to split up the valuation of OpenAI for every single person in the world, everyone would be getting $10. How did you arrive at a few cents and what point are you actually trying to make?
>You think the total valuation of all companies divided by the total number of people comes out to a few cents?
No, where did I say that? The person I was replying to wants to share OpenAI's value specifically, so I only mention OpenAI. Also, I didn't say "a few cents", I said cents, intended as a relative contrast to "millions."
>The US GDP per capita was $80k in 2023. The global GDP per capita is $13K.
Yes, and the US per capita GDP would drop to $15.8k if the "excess" was redistributed to the rest of the world. But now everyone is equal, regardless of what they do, right? Is this fair?
>Even if you were to split up the valuation of OpenAI for every single person in the world, everyone would be getting $10.
That's not how it works and I think you know that. Where does this tangible $10 come from if there is no buyer? Or do you think someone is willing to spend $80B on a company which is then immediately destroyed because the money is taken from the shareholders and sent to everyone else? There would be no company left. Do you think that the very idea of this impending dissolution-upon-purchase wouldn't lower the value of the company drastically?
>what point are you actually trying to make?
That it's silly to suggest redistributing OpenAI compensation.