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OpenAI raises $110B on $730B pre-money valuation

techcrunch.com

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Re: OpenAI raises $110B on $730B pre-money valuation

#371

Post by rvnx »

konschubert wrote: post #80
pier25 wrote: post #72

> Amazon will start with an initial $15 billion investment, followed by another $35 billion in the coming months when certain conditions are met. Those conditions are an IPO or reaching AGI [1]. Nvidia and SofBank will pay in installments. Also very interesting that Microsoft decided to not invest in this round. A PR statement was made though [2]. [1] https://americanbazaaronline.com/2026/02/26/amazon-to-invest... [2…

So they’re getting in on the IPO. Are they going to get stock for it or is it a PIPE? Personally, I don’t think I want to get in on this at retail prices. It can both be true at the same time that AI going to disrupt our world and that being an AI lab is a terrible business.

But will you have a choice once they enter the indexes ? People are automatically going to invest into that (circular) pyramid scheme.

Re: OpenAI raises $110B on $730B pre-money valuation

#372

Post by maplethorpe »

general_reveal wrote: post #96
konschubert wrote: post #73

Earlier quoted context omitted.

So basically, Amazon is buying into the IPO at an early price. Maybe this is the time to divest from MSCI world. I don’t want to be the bag holder in the world’s largest pump and dump. It can both be true at the same time: That AI is going to disrupt our world and that Open AI does not have a business model that supports its valuation.

Did it ever occur to you that an entire generation of developers are going to retire in less than 20 years? They are betting that the software industry will be autonomous. Really, think of our industry like AUV phenomena. We’re the drivers that are about to be shown the door, that’s the bet. World will still need software, lots of it. Their valuation is based on an entire developer-less future world (no labor costs).

Around 6 months ago, the company I work for bought Cursor subscriptions for everyone. I thought to myself, "this is it".

The majority of my coworkers now push AI-generated code each day, and it has completely absolved me of any fear whatsoever that AI will take my job.

Re: OpenAI raises $110B on $730B pre-money valuation

#373

Post by rvnx »

fillskills wrote: post #369
mixmastamyk wrote: post #344

Depressing to see trillions sloshing around, and yet no jobs to be found.

Feels like my cheese has been moved

I have no idea what your sentence means (as a non-English native) but I feel you.

Such a waste of burnt money that could be used for more useful projects.

Re: OpenAI raises $110B on $730B pre-money valuation

#375

Post by redleader55 »

Everyone thinks this bubble will continue until AGI(bulls) or until someone calls them on it(bears). I think it will continue until someone finds a quick way to make cheap energy(bullish) or until we can't build more power plants to support AI growth(bearish).

While nothing fancy has happened yet in the area of cheap energy, there is still enough power around the world to build AI data centers. The problem is this power exits in countries that the West has decided, many times for good reasons, they don't want to deal with their leaders.

I'm predicting that over 2027, either the US will become more aggressive in making war with these countries or company CEOs will start developing "reality-distorsion-fields" around them and decide having enough power for the next datacenter is more for the good of humanity. Before that Europe will decide that AI training on human faces(eg. of non-Europeans) is not really a problem and will allow US companies to train their models in EU countries.

Re: OpenAI raises $110B on $730B pre-money valuation

#377

Post by leptons »

numbers wrote: post #345
beernet wrote: post #327

Earlier quoted context omitted.

How are ~1B active users not "moat"? Might have to pull out the "Haters gonna hate" like it's 2007

yeah, ~1B active users + when non-tech people think of AI, they think of "ChatGPT" not many of the competitors.

"Anthropic" doesn't exactly roll off the tongue, and I think a lot of people would avoid it simply because it doesn't have a catchy name like OpenAI or ChatGPT. It's also far more fun to say "I did a Google search" than "I did a Duck Duck Go search", and one still dominates over the other no matter the privacy concerns or how easy it is to switch. People can be simple like that.

Re: OpenAI raises $110B on $730B pre-money valuation

#378

Post by shimman »

kingkongjaffa wrote: post #347
rvnx wrote: post #328

Earlier quoted context omitted.

But why are these users sticking to ChatGPT specifically ? If it’s not the quality of their answers ?

for 99% of normies ChatGPT is the only LLM provider they know or have heard of.

99% of normies aren't paying for ChatGPT, there's a reason why they're pushing heavy for corporate welfare + government contracts. They're unable to sell to consumers so now they'll selling to governments while trying to lock-in contracts that subsequent people can't easily dismantle.

Re: OpenAI raises $110B on $730B pre-money valuation

#379

Post by NewEntryHN »

bentt wrote: post #318

Someone please explain how OpenAI is not Netscape 2026. They had first mover advantage but no network effect, no moat, and are racing to stay ahead of infinitely resourced incumbents.

Netscape had 20 millions active users at its peak, out of 6 billions humans.

ChatGPT has 800 millions monthly active users currently, out of 8 billions humans.

Re: OpenAI raises $110B on $730B pre-money valuation

#380

Post by ac29 »

sp4cec0wb0y wrote: post #365
beernet wrote: post #327

Earlier quoted context omitted.

How are ~1B active users not "moat"? Might have to pull out the "Haters gonna hate" like it's 2007

How many of those users are paying? Where is the profit? How many users will be willing to use ChatGPT if they had to pay? Might have to pull out the questions like its 2026.

> How many of those users are paying?

About 5% according to a news article a few months ago.

Will the other 95% stick around once ads or payments are required?

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