OpenAI @OpenAI Is this because they’re afraid A÷ will set the price first?
Word is OpenAI is rushing to raise another $30 billion, at a valuation of over $1.4 trillion. The timing is tight—they want to lock in the money before Anthropic goes public in mid-November.
My guess is they’re worried that once A÷ goes public, the secondary market will be pricing AI companies every day. Then OpenAI won’t feel quite so comfortable naming whatever price it wants.
They said before that its valuation would only go up ahead of the IPO.
And now it’s gone up again?
It’s just this pre-market contract. It surged too hard before, and now it’s coming back down to fair value. 🤣
Word is OpenAI is rushing to raise another $30 billion, at a valuation of over $1.4 trillion. The timing is tight—they want to lock in the money before Anthropic goes public in mid-November.
My guess is they’re worried that once A÷ goes public, the secondary market will be pricing AI companies every day. Then OpenAI won’t feel quite so comfortable naming whatever price it wants.
They said before that its valuation would only go up ahead of the IPO.
And now it’s gone up again?
It’s just this pre-market contract. It surged too hard before, and now it’s coming back down to fair value. 🤣