OpenAI in talks to sell around $6B in stock at roughly $500B valuation

cnbc.com

7 pointsmysterydip5 comments

How can it be worth that much when it is losing lots of money and when many Chinese AIs are almost as good?

It’s worth what investors are willing to pay for it. And investors are driven by fomo, not logic.

Maybe some sort of cashout before the AI bubble bursts?

Or 0.17% of the entire US GDP for 2024. Their revenue must be off the charts.

2024 revenue was like $4B. So if your chart ends at 3B then yeah it’s way off