didn't they just raise last month?
OpenAI closes funding round at an $852B valuation
11–20 of 529 posts
Re: OpenAI closes funding round at an $852B valuation
#12Wow. I doubt Anthropic can raise that. Are they more efficient, can they do with less?
Given how all of Big Tech (except Google obviously) is going all in on Claude Code, I wouldn't be surprised if Anthropic becomes profitable first.
Re: OpenAI closes funding round at an $852B valuation
#13Wow. I doubt Anthropic can raise that. Are they more efficient, can they do with less?
Anthropic doesn't have anything else other than the Claude models.
But notice that no-one, not a single mention of Deepseek tells me that they are preparing to scare everyone again. Which is why Dario continues to scare-monger on local models.
Sometimes you do not need hundreds of billions of dollars for inference when it can be done locally with efficient software; and Google proved that. But where is the money in that? So continues the flawed belief in infinitely buying GPUs to scale which Nvidia needs you to do.
Only a matter of time for local models to reach Opus level. We are 1 or at most 2 years behind that and Anthropic knows that.
Re: OpenAI closes funding round at an $852B valuation
#14I'm old enough to remember when companies worth $1 billion were called "unicorns." Now we have a company raising 122 times that? Valued at nearly 1000 times that...? At least they're throwing consumers a bone via the ARK deal. It's crazy how little AI exposure is available to anyone who isn't already wealthy and/or connected.
I think this is reality-distortion field rivaling that of Jobs', and a crisis of faith. Nobody apparently believes that capital is worth investing into anything but AI.
Re: OpenAI closes funding round at an $852B valuation
#15"This is not just product simplification. It is a distribution and deployment strategy." I am so sick of AI writing.
corporate speech existed long before AI
Re: OpenAI closes funding round at an $852B valuation
#16"This is not just product simplification. It is a distribution and deployment strategy." I am so sick of AI writing.
Get used to it. All PR statements nowadays get AI treatment before going public.
Re: OpenAI closes funding round at an $852B valuation
#17This has to be just an extension of their previous raise, right? This was a month ago: https://openai.com/index/scaling-ai-for-everyone/
Re: OpenAI closes funding round at an $852B valuation
#18This has to be just an extension of their previous raise, right? This was a month ago: https://openai.com/index/scaling-ai-for-everyone/
Doesn't look like it, that previous round was entirely Softbank + Nvidia + Amazon, while this one is VC + private investors.
The valuation seems odd though, you'd expect $840B post-money from that earlier round?
Re: OpenAI closes funding round at an $852B valuation
#19This has to be just an extension of their previous raise, right? This was a month ago: https://openai.com/index/scaling-ai-for-everyone/
Maybe? Previous valuation is $730B + $122B raised in this announcement = $852B valuation in this announcement (no actual increase in valuation)
Re: OpenAI closes funding round at an $852B valuation
#20I'm old enough to remember when companies worth $1 billion were called "unicorns." Now we have a company raising 122 times that? Valued at nearly 1000 times that...? At least they're throwing consumers a bone via the ARK deal. It's crazy how little AI exposure is available to anyone who isn't already wealthy and/or connected.
> At least they're throwing consumers a bone via the ARK deal.
https://www.ark-funds.com/funds/arkvx
The fund is invested in most of the hot tech companies.