Tip: Try a valid symbol or a specific company name for relevant results A pro-grade research workspace with advanced charts, company data and real-time news. Now part of Yahoo Finance Gold.Learn more Someone Made A Big Mistake About OpenAI’s $1.5 Trillion Value The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading.
Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Is OpenAI about to raise money at a $1.2 trillion valuation?
That's up from $852 billion in March. The FT reported the figure at $1.2 trillion. The news service wrote, "OpenAI is holding early talks with investors about a fresh funding round that would value the ChatGPT creator at more than $1.2 trillion ahead of an initial public offering." But someone thinks the figure is $1.5 trillion.
The New York Times says so. It reported its information in an article that said, "The funding round would double the value of the start-up behind ChatGPT and establish it as the world's most valuable private company." Maybe one figure is pre-money. Or maybe someone just got it wrong.
Reports said the talks with big investors are in early stages. The $300 billion difference is a lot of money. It's about the same as Procter & Gamble's (NYSE: PG) market cap.
In some ways, the difference does not matter. It is just one more thing to read about. AI will wipe out millions of jobs.
Extract — continue reading at the source.
