This IPO is so exciting because the IPO could value the company at up to USD 1 Trillion which would make it one of the largest tech debuts in history.
OpenAI was founded with a mission of achieving Artificial General Intelligence. The prospect of a publicly traded company dedicated to this goal, would make it a major event for the tech world and investors.
I believe that this would be the most important IPO of the decade. This isn't just a financial event. It is a legacy moment. OpenAI is raising more than capital. It is raising the bar for what is possible - a world powered by AI.
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- Sandyboyยท11-01TOPIf any one company can cause a bubble in AI, it will be OpenAI. The valuation is overblown, and they have been doing circular trades with all big industry players signing up to pay billions with MIcrosoft, AMD, Broadcom, Nvidia and everyone else in the industry while being loss making, purely in a valuation of the stock. Such circular trading may be at the edge of grey areas in some jurisdictions, and is not a very transparent mechanism. They have woven themselves into the center of the AI web by locking so many big companies into their ecosystem, while unable to make money yet. Just funding by debt or equity in hopes future growth will take care of it.1Report