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jbz
@jbz@indieweb.social  ·  activity timestamp 2 weeks ago

🎈Exclusive: OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation / Reuters

「 An IPO would open the door to more efficient capital raising and enable larger acquisitions using public stock, helping to finance CEO Sam Altman's plans to pour trillions of dollars into AI infrastructure, according to people familiar with the company's thinking 」

https://www.reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29/

#openai #bubble #ipo

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Some Guy
@someguy@beige.party replied  ·  activity timestamp 2 weeks ago

@jbz $1T seems like an utterly gross overvaluation.

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