OpenAI doesn't have the cash to pay Oracle $300B(sherwood.news)

OpenAI doesn't have the cash to pay Oracle $300B

https://sherwood.news/markets/openai-doesnt-have-the-cash-to-pay-oracle-usd300-billion-raising-it-will/

2 comments

1. IPO. I'm guessing they can IPO at $1 trillion valuation today. Maybe raise a cool $200b instantly.

2. Continue private investment route getting investments from Saudis, Nvidia, Oracle, Microsoft, and Softbank.

3. Grow revenue 3-4x each year. ~$13b this year. ~$52b next year. Throw all of it into data centers.

So it is possible.

codq10 mesi fa

Hilarious what they're turning into, compared to their founding principles.