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

"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."

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.

$30B to pace the frontier

circular financing

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