OpenAI in talks to sell around $6B in stock at roughly $500B valuation (cnbc.com) 7 points by mysterydip 11mo ago ↗ HN
[–] SilverElfin 11mo ago ↗ How can it be worth that much when it is losing lots of money and when many Chinese AIs are almost as good? [–] xenospn 11mo ago ↗ It’s worth what investors are willing to pay for it. And investors are driven by fomo, not logic.
[–] xenospn 11mo ago ↗ It’s worth what investors are willing to pay for it. And investors are driven by fomo, not logic.
[–] quantified 11mo ago ↗ Or 0.17% of the entire US GDP for 2024. Their revenue must be off the charts.
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