OpenAI Valuation Hits $500B | Hacker News Reader

OpenAI Valuation Hits $500B

wsj.com

28 pointsbookofjoe8 comments

This valuation is not about OpenAI or the dead-ended LLM tech that they can't seem to radically improve upon. This is about a certain group of people trying to control AI through OpenAI and other such startups controlled by them, without naming names or calling out agendas.

> the dead-ended LLM tech that they can't seem to radically improve upon

You are saying this just 2 days after OpenAI released Sora 2. I personally consider that a truly radical improvement. Sure, it's not AGI, but it is something that will have a huge demand. If ChatGPT costs $10 per million tokens, you can only imagine how much you get charged for 10 minutes of high quality, high resolution, videos. It can be in the thousands of dollars, and lots of companies will be more than happy to fork that money. And by the way, this will require a lot of compute, and that's where those tens of gigawatts worth of datacenters will come in handy. That is a type of moat that very few will be able to overcome.

Not sure what Sora has to do with LLMs.

> This is about a certain group of people trying to control AI through OpenAI and other such startups controlled by them, without naming names or calling out agendas.

Not trying to argue, I'd totally like to hear who is trying to control AI though OpenAI et al.

Not sure but I think OP means the investors in OpenAI. Rephrasing: there are too many investors and orgs (ie MSFT) that want to "be in AI" and very few outlets that actually deliver the frontier hard core tech: Google, OpenAI, Anthropic, and X, Meta, Amzn and a few other to lesser extents.

I agree. It’s not going to be the case that an early employee with 1% can get $5 billion USD for it.

Maybe not $5 billion but most likely over $1 billion in cash.

Unpaywalled link: https://www.wsj.com/tech/ai/openai-valuation-hits-500-billio...

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