#OpenAI商讨新一轮融资估值约1.2万亿美元
OpenAI discusses a new round of financing, with a valuation of about $1.2 trillion. This is still early-stage negotiation and not a deal that has been completed. Compared with March’s $852 billion, this is a re-pricing of the private market after the IPO was postponed. Annualized revenue of about $40 billion can provide some support, but the $1.2 trillion is buying the expectation that it will hit 100 billion in revenue by 2027—not current profits. Investors are making an active offer, and the company can also use this to further delay the IPO and pursue M&A. The real risk is that after going public, it must deliver on a quarterly basis; if the narrative can’t hold up, the stock will likely retrace.
$BTC
OpenAI discusses a new round of financing, with a valuation of about $1.2 trillion. This is still early-stage negotiation and not a deal that has been completed. Compared with March’s $852 billion, this is a re-pricing of the private market after the IPO was postponed. Annualized revenue of about $40 billion can provide some support, but the $1.2 trillion is buying the expectation that it will hit 100 billion in revenue by 2027—not current profits. Investors are making an active offer, and the company can also use this to further delay the IPO and pursue M&A. The real risk is that after going public, it must deliver on a quarterly basis; if the narrative can’t hold up, the stock will likely retrace.
$BTC
