OpenAI valued at $852 billion without profit. Sora lost $1 million per day. Big Tech spends $700 billion yearly, and most of it vanishes into chips and electricity. IPOs are coming. Before you buy in, remember T-Online. That was counted as a safe bet, too.
OpenAI just closed a $122 billion funding round, pushing their valuation to $852 billion. Let that sink in. A company that isn't profitable yet, valued higher than most countries' GDP. An IPO (Initial Public Offering, when a company sells shares to the public for the first time) is expected by the end of the year. Big Tech is planning to spend nearly $700 billion on AI this year alone.
