6min chapter

Lex Fridman Podcast of AI cover image

OpenAI in Talks for $100 Billion Funding Round [

Lex Fridman Podcast of AI

CHAPTER

OpenAI's Impressive Valuation Amidst Financial Turmoil

This chapter explores OpenAI's pursuit of a $100 billion valuation in a new funding round, while examining the impact of previous investments and staff morale amid leadership changes. It also discusses the company's financial health, highlighting a projected loss of $5 billion against an annual revenue of $3.4 billion due to high operational costs in AI development.

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