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strongpigeon 7 hours ago

This has to be just an extension of their previous raise, right? This was a month ago: https://openai.com/index/scaling-ai-for-everyone/

ricardobeat 7 hours ago | parent | next [-]

Doesn't look like it, that previous round was entirely Softbank + Nvidia + Amazon, while this one is VC + private investors.

The valuation seems odd though, you'd expect $840B post-money from that earlier round?

6 hours ago | parent [-]
[deleted]
babelfish 7 hours ago | parent | prev [-]

Maybe? Previous valuation is $730B + $122B raised in this announcement = $852B valuation in this announcement (no actual increase in valuation)

strongpigeon 7 hours ago | parent [-]

Previous was $730B pre money. This one is $852B post money. So yeah it's the same one. Good catch.

ta988 7 hours ago | parent [-]

yup and begging for retailers money.