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Re:OpenAI Completes Deal That Values Company at $157B by moralestapia on Wednesday October 02, 2024 @01:53PM (#41723278)
That's just not true. Source: a two-digit division.

Previous to this, they had about ~10B (via MS), and they've been operating for about 2 years at this scale. Unless they got this $$$ like a week away from being bankrupt, which I highly doubt.

Note: I'm not arguing they're profitable.

Re:OpenAI Completes Deal That Values Company at $157B by Yizahi on Wednesday October 02, 2024 @04:28PM (#41724696)
It is speculated that a majority of those 10B is Azure cloud credits. Basically company scrip. You can't pay Nvidia in the scrip, or the city electricity department, or even the salary.