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Anas Hamad
Anas Hamad

Posted on Originally published at techmeme.com

OpenAI Rejects $1.2T Offer, Wants $1.5T Valuation Instead

OpenAI Rejects $1.2T Offer, Wants $1.5T Valuation Instead

Numbers that stop the scroll: investors reportedly approached OpenAI with an offer to invest at a $1.2 trillion valuation.

OpenAI's answer: not enough. They believe they're worth at least $1.5 trillion.

Let that sink in. The gap between those two numbers is $300 billion, roughly enough to buy Netflix and McDonald's combined, just as a rounding difference.

This isn't arrogance. It's a company betting big on itself, riding massive ChatGPT demand and locking in enormous Compute and infrastructure deals that make today's number look conservative tomorrow.

Think of it like a homeowner turning down a solid offer because they know the neighborhood is about to boom.

OpenAI is choosing to wait for the boom.

The real question everyone's asking: can the market actually justify a valuation that size for a company still burning cash? We're about to find out.


🔗 Original Source & Reference: https://www.techmeme.com/260916/p2#a260916p2

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