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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

#41

Post by rvz »

lnsru wrote: post #12
gigatexal wrote: post #2

[flagged]

It’s not craze. It’s technology shift. Bitcoin and 3D printing were craze. It’s like a move from analog photography to digital. I am telling you this as a very conservative person. Even for me it’s helpful.

> It’s not craze. It’s technology shift.

It is a bubble with extreme levels of debt + funding from too many promises from companies that are in these sort of rounds.

People being consumed by the hype will also be completely consumed by the crash.

Comments like this is exactly how a 2000 and a 2008 style crash will happen.

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

#42

Post by qsera »

whynotminot wrote: post #31
qsera wrote: post #18

Earlier quoted context omitted.

So how much are you willing to pay for it?

Personally at this point my combined AI spend is the most expensive recurring monthly subscription I have, and that’s even with my company also paying for the AI tools I use at work. If it weren’t subsidized I would pay more. Wouldn’t be happy about it but I would do it. At this stage in the game I don’t really understand where this skepticism of the value these tools provides comes from.

Actually it is not about this stage. It is about the sustainability of this when training data runs out and there is less and less human generated content.

An echo cannot go on forever!

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

#44

Post by beernet »

whynotminot wrote: post #31
qsera wrote: post #18

Earlier quoted context omitted.

So how much are you willing to pay for it?

Personally at this point my combined AI spend is the most expensive recurring monthly subscription I have, and that’s even with my company also paying for the AI tools I use at work. If it weren’t subsidized I would pay more. Wouldn’t be happy about it but I would do it. At this stage in the game I don’t really understand where this skepticism of the value these tools provides comes from.

> At this stage in the game I don’t really understand where this skepticism of the value these tools provides comes from.

Fear

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

#45

Post by whynotminot »

qsera wrote: post #42
whynotminot wrote: post #31

Earlier quoted context omitted.

Personally at this point my combined AI spend is the most expensive recurring monthly subscription I have, and that’s even with my company also paying for the AI tools I use at work. If it weren’t subsidized I would pay more. Wouldn’t be happy about it but I would do it. At this stage in the game I don’t really understand where this skepticism of the value these tools provides comes from.

Actually it is not about this stage. It is about the sustainability of this when training data runs out and there is less and less human generated content. An echo cannot go on forever!

> Actually it is not about this stage. It is about the sustainability of this when training data runs out

This is an argument from 2024. Somehow, the models have continued to improve.

If they stopped improving today they are good enough as they already are to generate profound change.

The wave front is already visible, we’re just on the shore waiting for the impact.

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

#46

Post by whynotminot »

beernet wrote: post #44
whynotminot wrote: post #31

Earlier quoted context omitted.

Personally at this point my combined AI spend is the most expensive recurring monthly subscription I have, and that’s even with my company also paying for the AI tools I use at work. If it weren’t subsidized I would pay more. Wouldn’t be happy about it but I would do it. At this stage in the game I don’t really understand where this skepticism of the value these tools provides comes from.

> At this stage in the game I don’t really understand where this skepticism of the value these tools provides comes from. Fear

I get it. I’m scared too. I’d be lying if I said I wasn’t.

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

#47

Post by skeeter2020 »

moralestapia wrote: post #23
vimda wrote: post #14

Kind of leaving out a lot of detail there: - Amazon's $50B is only $15B, with the rest being "after certain conditions are met", whatever that means (probably an IPO, which isn't happening) - The $30B each from softbank and NVIDIA is paid in installments So this is more a $35B fundraise, with a _promise_ of more, maybe, if conditions are met. Not _bad_, but yet more gaslighting from Mr Altman. Anyone reporting this a…

Not to nitpick but to expand, many funding deals (pretty much all above 100M) are structured like that. You'll never get a billion dollar check from anyone. I've even seen startups raise like 500k pre-seed with tranches in it, lmao!

nit: I think you mean tranches

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

#48

Post by sidewndr46 »

tosh wrote: post #5

> We continue to have a great relationship with Microsoft. Our stateless API will remain exclusive to Azure, and we will build out much more capacity with them. This sounds a bit like going forward (some) OpenAI APIs will also run on platforms other than Azure (AWS)? Anyone knows more?

Unless I'm mistaken wasn't someone at Microsoft suggesting they would just develop their own models soon?

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

#49

Post by 2OEH8eoCRo0 »

thefounder wrote: post #19
jryio wrote: post #9

Without circular investments and valuations what would Open AI be worth? 100B? 300B? Entirely on revenue alone it seems like 20B. Current valuation appears to be two orders of magnitude off.

Let the retailers decide this year at IPO! The heavy bags must be carried by someone

Is this really the con? Be part of the in-group and buy pre-IPO shares to dump them on joe-six-pack shortly afterwards?

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

#50

Post by nszceta »

moralestapia wrote: post #23
vimda wrote: post #14

Kind of leaving out a lot of detail there: - Amazon's $50B is only $15B, with the rest being "after certain conditions are met", whatever that means (probably an IPO, which isn't happening) - The $30B each from softbank and NVIDIA is paid in installments So this is more a $35B fundraise, with a _promise_ of more, maybe, if conditions are met. Not _bad_, but yet more gaslighting from Mr Altman. Anyone reporting this a…

Not to nitpick but to expand, many funding deals (pretty much all above 100M) are structured like that. You'll never get a billion dollar check from anyone. I've even seen startups raise like 500k pre-seed with tranches in it, lmao!

*tranche
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