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strongpigeon
16 days ago
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OpenAI closes funding round at an $852B valuation
This has to be just an extension of their previous raise, right? This was a month ago:
https://openai.com/index/scaling-ai-for-everyone/
babelfish
16 days ago
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Maybe? Previous valuation is $730B + $122B raised in this announcement = $852B valuation in this announcement (no actual increase in valuation)
strongpigeon
16 days ago
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Previous was $730B
pre
money. This one is $852B
post
money. So yeah it's the same one. Good catch.
ta988
16 days ago
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yup and begging for retailers money.
ricardobeat
16 days ago
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Doesn't look like it, that previous round was entirely Softbank + Nvidia + Amazon, while this one is VC + private investors.
The valuation seems odd though, you'd expect $840B post-money from that earlier round?
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