"OpenAI has just closed a funding round that values it at $300 billion, raising roughly $10 billion from a consortium of investors. The round reportedly includes contributions from SoftBank, Microsoft, Thrive Capital, and others. It is, by most reasonable measures, the largest private funding round in the history of technology - and it places a company that didn't exist a decade ago among the most valuable entities on the planet, surpassing the market capitalization of most Fortune 500 companies."
"To put OpenAI's $300 billion valuation in context: it exceeds the market cap of companies like Walt Disney, Goldman Sachs, and IBM. It places OpenAI roughly alongside some of the top 30 most valuable publicly traded companies in the United States - except OpenAI isn't publicly traded, doesn't have the same disclosure requirements, and until recently operated as a nonprofit research lab."
"The company's revenue has grown at a staggering pace. OpenAI reportedly crossed an annualized revenue run rate of $12.7 billion in recent months, driven by ChatGPT subscriptions, enterprise API contracts, and an expanding product suite. That revenue trajectory - while genuinely impressive - still means the company is being valued at roughly 24 times its annualized revenue, a multiple that even in the most optimistic market conditions raises eyebrows among people who remember what happened to WeWork."
OpenAI has closed a funding round valuing the company at $300 billion, raising approximately $10 billion from investors including SoftBank, Microsoft, and Thrive Capital. This represents the largest private funding round in technology history. The valuation places OpenAI among the top 30 most valuable publicly traded companies in the United States, exceeding market capitalizations of Walt Disney, Goldman Sachs, and IBM. Despite this extraordinary valuation, OpenAI's annualized revenue of $12.7 billion, driven by ChatGPT subscriptions and enterprise API contracts, results in a price-to-revenue multiple of approximately 24 times. This valuation multiple, while reflecting the AI sector's exceptional market conditions, would typically raise concerns in traditional market analysis.
Read at Silicon Canals
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