OpenAI raised $6.6 billion, achieving a valuation of $157 billion, reflecting investor faith rather than actual financials, amidst expected losses of $5 billion this year.
The substantial $6.6 billion raised positions OpenAI as a leader in tech investments, outstripping the valuations of giants like Starbucks, Boeing, and Nike, illustrating its remarkable market influence.
Investors such as Thrive Capital and Microsoft pledge to avoid backing OpenAI's competitors, highlighting their confidence in OpenAI and its unique market position within the tech landscape.
Despite a projected $5 billion loss this year, OpenAI's valuation suggests a divergence from traditional metrics, signaling its strong bargaining power and structural shifts toward profitability.
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