OpenAI Completes Deal That Values Company at $157B

Re:OpenAI Completes Deal That Values Company at $157B by yumraj on Wednesday October 02, 2024 @01:40PM (#41723093)

For “an” AI company, that can achieve market dominance, to achieve 1.57T market cap is not unrealistic.

I think the question is, is OpenAI that company and is market dominance possible given all other players? I believe some investors are betting that it is OpenAI, while you and others are sceptic.

Personally I agree with you, or rather hope that it is not, primarily as I don’t trust Sam Altman and wouldn’t want him to have that power. But so far things are looking good for OpenAI.

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Re:OpenAI Completes Deal That Values Company at $157B by tux3 on Wednesday October 02, 2024 @01:52PM (#41723251)

OpenAI feels like the most politicaly active with its storylines, flashy backstabs, and other intrigue.

But as far as the technology, we're drowning in a flood of good AI models, which are all neck to neck in benchmarks. Claude might be slightly stronger for my use, but only by a hair. Gemini might be slightly behind, but it has a natural mass market platform with Android

I don't see how a single player sticks their neck out without being copied within a few months. There is — still — no moat.

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