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Friday, September 20, 2024

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OpenAI Valued Over $100B by Investors in Secondary Market

This was reported in the US publication The Wall Street Journal this week. OpenAI and its partners are reportedly discussing creating new equity funding to propel the total valuation above $100 billion. While that price may seem unreasonable today. It reflects how far the company potentially wants to go after all these staggering secondary market valuations.

OpenAI High Secondary Valuation Gives Clear Market Indicators

Investors are interested in opening up $100 billion to be on the cap table. OpenAI demonstrates that thinking people already see value in the company is profitable. In that regard, the CSO of Rainmaker Securities depreciates in a few orders why investors have bought shares in the secondary market of OpenAI for as much as $143 billion. The same goes for Caplight, which has used data on the secondary market and previous funding rounds to show that OpenAI is worth about $111 billion.

Potential Investors and Funding Overview

1 The amount Thrive Capital contributed is likely to be $1 billion. This would represent a fairly massive growth from the last valuation of OpenAI, targeting stake sales of $86 billion, as Bloomberg indicated in a report on secondary sales in September.

OpenAI Investor Sentiment Analysis

He says that even at a $100 billion valuation, which may look high, it would be cheap if Open AI lives up to its promise. According to The Information’s account, the company reportedly zeroed revenue and has become a billion-dollar business in a few years. It is on track for $2 billion ARR by the end of the year.

OpenAI Future and Valuation of AI Market

As per the market forecast, OpenAI’s next unofficial valuation is still in the future. He forecasts that this could help improve valuations for other players. The AI industry includes Anthropic, Cohere, and Hugging Face. However, continuing investor optimism and the willingness to trade aggressively as they fear missed opportunities let experts suggest that OpenAI’s valuation may keep growing to some trillion dollars, predicting the future of a few specialists.

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