OpenAI Targets $30B in New Funding at $1.4T Value

29 pointsposted 5 hours ago
by spenvo
(bloomberg.com)

13 Comments

throwa356262

4 hours ago

"We only need a few more billions to ensure humanities extinction. Which we really really don't want to do. But please give us the money anyway otherwise Jensen may decide he loves Anthropic more."

etempleton

3 hours ago

To keep raising money at this point, after all the money already raised and ahead of a seemingly imminent IPO should tell everyone everything they need to know about the state of their finances. I can’t wait to read OpenAI and Anthropic’s S1s.

pigeons

3 hours ago

I agree, but who are these alleged investors at this point?

lubujackson

2 hours ago

My guess is investors already heavily invested and desperate for the IPO cashout. Pot odds, and all.

etempleton

22 minutes ago

I agree. These investors are already completely exposed. Their only way out of the hole is to dig themselves deeper and wait for 60 days or whatever after IPO to recoup their investment.

It is also why they are valuing themselves so high. They need it to be that high. To return value to shareholders.

zamalek

3 hours ago

FOMO is a powerful drug.

bix6

4 hours ago

$30B to pace the frontier

jgalt212

3 hours ago

That's only 1/5 of NVDA announced stock buyback.

simianwords

3 hours ago

I made a bet with a guy on HN that the market value of OpenAI + Anthropic would get to at least 2.5T by 2027. I think I'm on track to winning.

https://news.ycombinator.com/item?id=48517353

perfmode

7 minutes ago

I predict that Anthropic will have a 5T market cap by Jan 1, 2028.

rwmj

2 hours ago

"Market value" so that's after they IPO then? Because before the IPO, and even for a while after, they're simply making up numbers.