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OpenAI closes funding round at an $852B valuation

cnbc.com

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Re: OpenAI closes funding round at an $852B valuation

#411

Post by aurareturn »

jmward01 wrote: post #246
aurareturn wrote: post #231

Earlier quoted context omitted.

I don’t care if OpenAI is Netscape or Google. What I want to know is are we in 1994 of the AI bubble or 1999? Because even after the dotcom bubble popped, it was still much better than it was in 1994.

I think the cycle is way faster than it used to be so even if we are in 1994, the pop is probably pretty close.

Given that Nvidia's forward earnings in 2026 is 19, which is lower than the average for S&P500, what do you think a "pop" will do to Nvidia stock?

Wallstreet is already pricing Nvidia to have no growth above the average S&P500 company.

More importantly, do you think that a "pop" means supply of compute is suddenly more than demand?

Re: OpenAI closes funding round at an $852B valuation

#412

Post by aurareturn »

diatone wrote: post #250
aurareturn wrote: post #158

Earlier quoted context omitted.

They aren't reporting anything yet. What we hearing is just from news media who get their leaks/info from investors who get some form of IR reports/ presentation. The $24b figure is literally in OpenAI's announcement. The $19b ARR and $6b added in Feb came directly from Anthropic CEO recently.

Until they’re using consistent methods of reporting those figures, they’re not comparable. Same as any other company pre vs post IPO

Was referring to this:

  What we hearing is just from news media who get their leaks/info from investors who get some form of IR reports/ presentation.

Re: OpenAI closes funding round at an $852B valuation

#413

Post by iririririr »

the only lesson the common man should take from these valuations: start to protest against AI conpanies being included in the sp500!

unless you're a private investors in these preIPO, the whole plan is to get big enough, get forced entry into indexes, and leave early with everyone else holding the bag.

Re: OpenAI closes funding round at an $852B valuation

#414

Post by duchef »

woah wrote: post #331
nine_k wrote: post #14

Earlier quoted context omitted.

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.

OpenAI is making $24b a year. It's a 32x revenue multiple. High, but not insane. Spinning this as a story of overinvestment doesn't make sense.

Are you conflicting price to earnings to price to revenue?

Re: OpenAI closes funding round at an $852B valuation

#415

Post by iririririr »

nine_k wrote: post #247
zer00eyz wrote: post #234

Earlier quoted context omitted.

> it would be military tech Anduril is the only company in this sector in the US that has any promise and they aren't even public. Most of us are not going to get our hands on this. Traditional defense sector looks more like Jeep, or Kodak...

The demand for more Patriot missiles is large, now that much of the stockpiles have suddenly been spent. Raytheon should do fine just based on that.

this admin will probably source patriots made in china

Re: OpenAI closes funding round at an $852B valuation

#416

Post by eiskek »

aurareturn wrote: post #411
jmward01 wrote: post #246

Earlier quoted context omitted.

I think the cycle is way faster than it used to be so even if we are in 1994, the pop is probably pretty close.

Given that Nvidia's forward earnings in 2026 is 19, which is lower than the average for S&P500, what do you think a "pop" will do to Nvidia stock? Wallstreet is already pricing Nvidia to have no growth above the average S&P500 company. More importantly, do you think that a "pop" means supply of compute is suddenly more than demand?

What the heck are you talking about? Nvidia’s value of growth assets are already priced in.

You’ve written so many posts with glaring flaws. Are you trying to come across as smart? Lmao

Re: OpenAI closes funding round at an $852B valuation

#417

Post by serf »

PunchTornado wrote: post #397
mrklol wrote: post #354

Earlier quoted context omitted.

Where exactly are they behind?

everywhere, but most important in ethics

your ethics.

let's not forget that these major LLMs are all the children of corporate hyper-piracy en masse, none of them are ethical even in origin unless you're talking about the pre-product company charter kind of ethics, like google .

Re: OpenAI closes funding round at an $852B valuation

#418

Post by windward »

aurareturn wrote: post #145
pier25 wrote: post #125

Earlier quoted context omitted.

Give me a billion and I'll have 500M of revenue in no time by selling dollars at 50 cents.

Why are we treating OpenAI and Anthropic differently than say, Amazon or Uber? Both companies invested in growth for many years before making a profit. Most tech companies in the last 2-3 decades lost money for years before making a profit. Why are we saying that OpenAI and Anthropic can't do the same?

>Most tech companies in the last 2-3 decades lost money for years

Yes

>before making a profit.

No

Re: OpenAI closes funding round at an $852B valuation

#419

Post by chronc6393 »

LaGrange wrote: post #404
chronc6393 wrote: post #373

Earlier quoted context omitted.

> what profits are you talking about to offset the losses? You don’t need profit to offset the losses. You can simply reduce spending / expenses.

lol that’s a line so incredibly naive it hurts. One does not “simply” reduce spending.

> One does not “simply” reduce spending.

Why does stock price go up after mass layoffs?

Re: OpenAI closes funding round at an $852B valuation

#420

Post by throwaway2037 »

SilverElfin wrote: post #202
manquer wrote: post #132

Earlier quoted context omitted.

They aren't reporting anything yet. What we hearing is just from news media who get their leaks/info from investors who get some form of IR reports/ presentation. Both will do public reporting only when they IPO[4] and have regulatory requirement to do so every quarter. For private companies[1] reporting to investors there are no fixed rules really[3] Even for public companies, there is fair amount of leeway on how G…

Does the GAAP accounting matter if everyone passively buys shares due to the new fast entry rules, which corruptly will force us all to buy into these companies? The fundamentals and true value seem less relevant than ever: https://www.benzinga.com/markets/tech/26/03/51248353/michael...

For other readers, I want to add some context here. NASDAQ is pondering whether or not to change their NASDAQ 100 index membership rules for IPOs. Currently, there is a three month waiting rule for IPOs. They are proposing (not sure if passed/agree/completed yet) to remove this waiting rule for IPOs.

Real question: What is the real impact of this rule change? To me, it seems so minor. Three months is just a blip in time for any long term investor.

    > which corruptly will force us all to buy into these companies
Why is this "corrupt"? That term makes no sense here.

Also, if you don't like the NASDAQ 100 rules, then you don't have to invest in securities that track it. You can trade the basket yourself minus the names that you don't like.

Finally, I would say that S&P 500 index is far more important than NASDAQ 100. To join the S&P 500 index, the name must be profitable for the most recent year. (four quarters). Recall that Uber IPO'd in 2019, but was not profitable until 2023. OpenAI probably will not be profitable when it goes public; thus, it will not join the S&P 500 immediately.

I think the bigger story is SpaceX. It will likely IPO very close to a 1T USD market cap (with a small float: ~10%). And, thanks to StarLink, I assume that SpaceX is now wildly profitable.

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