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OpenAI Is Preparing to File for an IPO Soon

wsj.com

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Re: OpenAI Is Preparing to File for an IPO Soon

#91

Post by SpicyLemonZest »

amusingimpala75 wrote: post #72

How does a company even consider this while the CFO is privately saying the books / revenue accounting are not ready for public scrutiny? Edit: Or has so much somehow changed in two weeks that it’s no longer necessary to wait until next year?

The CFO doesn't even report to Sam Altman directly. I would not assume that the decision is up to her in any meaningful way. I predicted a while ago and still stand by an 80% chance that their S1 is disastrous on the scale of WeWork; so, so much of what people think they know about OpenAI's finances is based on snippets and rumors rather than firm audited statements.

Re: OpenAI Is Preparing to File for an IPO Soon

#93

Post by phil21 »

SpicyLemonZest wrote: post #83
DeathArrow wrote: post #78

Earlier quoted context omitted.

>Anthropic has the obviously the better product According to what metrics does Anthropic have the better product?

Reported number of business users, although as with all these metrics I feel obligated to emphasize the caveat that most analysis of the AI labs' finances is speculative. OpenAI remains dominant in the consumer chatbot space, but that's so obviously going to be commoditized that I don't think it matters.

Since the source code leak of Claud Code, is there an actual believable moat whatsoever any longer?

I’m not nearly an expert at any level, but it seems to me the models themselves are converging on “good enough” for coding, with the real differentiator being the harness and tooling.

From a bystander and casual user perspective it all seems running as fast as it can to commoditization to me.

I’m certainly the dumb money here so won’t be investing short or long for any of these. But I do find it interesting!

Re: OpenAI Is Preparing to File for an IPO Soon

#94

Post by nradov »

tehlike wrote: post #70
throwawaygmbno wrote: post #69

What is the advice from the internet? Did you invest in Tesla and now invest in Open AI because who cares about ethics if you can make money? Anthropic has the obviously the better product and were seemingly ethically better until they burnt their developer goodwill and started accepting Musk infrastructure. But does having a better product actually translate to making more money? Should I just lay down and die becau…

You can sit this one out. There are many other opportunities to make money in the market. Ai build out is currently in play, and many names are rising accordinglym

If you're invested in any index funds or most mutual funds (including through your retirement account) then you can't really sit this one out. We're all going along for the ride, hold on tight.

Re: OpenAI Is Preparing to File for an IPO Soon

#95

Post by techtuate »

I was wrong - not investing in FB and Amazon many years ago - thought those businesses will shrivel and die. I believe OpenAI is a bit of a coin flip as the AI space evolves. In fact I feel all AI will be marginal return generators at best. There are a lot of incumbents and a lot more coming as barriers to entry get increasingly lower. Unless a company can build a near monopoly it'll be hard to justify a 100X revenue valuation despite heavy losses. I feel it's safer to take a punt on alternate compute companies (Musk leads but others exist) than take a bet on one of many AI companies to build a monopoly.

Re: OpenAI Is Preparing to File for an IPO Soon

#97

Post by wg0 »

amusingimpala75 wrote: post #72

How does a company even consider this while the CFO is privately saying the books / revenue accounting are not ready for public scrutiny? Edit: Or has so much somehow changed in two weeks that it’s no longer necessary to wait until next year?

Current administration might rig the rules to take the credit of AI boom.

Even third world doesn't have this much shameless and corrupt regime as much as this one is.

Re: OpenAI Is Preparing to File for an IPO Soon

#98

Post by Cyclone_ »

techtuate wrote: post #95

I was wrong - not investing in FB and Amazon many years ago - thought those businesses will shrivel and die. I believe OpenAI is a bit of a coin flip as the AI space evolves. In fact I feel all AI will be marginal return generators at best. There are a lot of incumbents and a lot more coming as barriers to entry get increasingly lower. Unless a company can build a near monopoly it'll be hard to justify a 100X revenue…

Anthropic actually turned an operating profit recently due to huge revenue growth.

Re: OpenAI Is Preparing to File for an IPO Soon

#99

Post by wg0 »

If you're an investor you should try Deepseekv4 before you put your hard earned money in this gambling spree.

Context - Deepseekv4 is freely available to download you can host your own and sell it keeping the proceeds and it rivals Claude Opus 4.7.

"Thank you for your attention to this matter"

Re: OpenAI Is Preparing to File for an IPO Soon

#100

Post by miohtama »

nradov wrote: post #92
sandeepkd wrote: post #71

Looks like there is only limited money in the market and there is a race to get it first. Wonder if the free market concept should move the prices down in such a scenario?

Don't worry, the Fed can create infinite money!

It's good that there is now a new head of Fed for this.
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