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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

#221

Post by subarctic »

epolanski wrote: post #201
aurareturn wrote: post #143

Earlier quoted context omitted.

I think it's because the private market can't possibly go any higher. OpenAI is already valued at around $1 trillion and just raised $122b. The only next step is the public market.

Meanwhile Chinese AI companies outputting open weight models nearly as good are valued in the low single digit billions. Go figure.

Wasn't there a Chinese ai startup that got bought recently but the government wouldn't let the founders leave china? I think stuff like that would have an effect on valuation

Re: OpenAI Is Preparing to File for an IPO Soon

#223

Post by lelanthran »

epolanski wrote: post #201
aurareturn wrote: post #143

Earlier quoted context omitted.

I think it's because the private market can't possibly go any higher. OpenAI is already valued at around $1 trillion and just raised $122b. The only next step is the public market.

Meanwhile Chinese AI companies outputting open weight models nearly as good are valued in the low single digit billions. Go figure.

> Meanwhile Chinese AI companies outputting open weight models nearly as good are valued in the low single digit billions.

That's surprising to me; I thought (or heard) that it was low 3-digit millions.

Re: OpenAI Is Preparing to File for an IPO Soon

#225

Post by eloisant »

seydor wrote: post #77
henry2023 wrote: post #74

Soon to be part of your portfolio if you hold Nasdaq 100 or S&P 500 trackers line QQQ or SPY.

What will managed funds do? Are we now suggesting people get out of index funds? Worse, will this and spacex ipo destroy the index funds?

The important thing to remember is:

- With the SP500 you're not that diversified because you're very exposed to the tech sector

- With a world ETF like MSCI World you're still extremely exposed to US stocks (about 70%) and of course the tech sector

Re: OpenAI Is Preparing to File for an IPO Soon

#228

Post by serial_dev »

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…

IMO they cannot let OpenAI fail.

It's not only an AI company, it's the symbol of AI hype. This AI hype is significant part of the US economy, and the AI infrastructure spending basically half of its growth.

("it's not this it's that", I swear it's human generated slop)

Re: OpenAI Is Preparing to File for an IPO Soon

#230

Post by lelanthran »

czhu12 wrote: post #168
lumost wrote: post #75

Earlier quoted context omitted.

These companies are burning enough cash that they will need to be public. We’re about to have 3 of the worlds’s largest corporations be massively in the red.

Anthropic said they’ll be profitable by q2 of this year. https://www.ft.com/content/a67248e7-f819-4dba-b0f7-3847df0a7...

In my mind, if they believed that they would IPO now, and not still be courting investors (which I believe they are still doing).
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