Big Technology Podcast OpenAI’s Raising At $100B Valuation, Telegram’s Pavel Durov Arrested, NVIDIA's Just Okay Earnings
Aug 30, 2024
Ranjan Roy, a tech analyst from Margins, breaks down the latest in tech news with sharp insights. He discusses OpenAI's ambitious $100 billion valuation and whether investing in it is a smart move. The conversation touches on Telegram founder Pavel Durov's controversial arrest and what it means for platform accountability. Lastly, Roy analyzes NVIDIA's recent earnings and highlights the changing landscape of coding in an AI-driven world, emphasizing both the excitement and unease around AI's rapid evolution.
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OpenAI's Unusual Fundraising
- OpenAI's fundraising is unconventional, targeting a $100B valuation despite being a non-profit.
- Investors receive a percentage of profits, not equity, making it an unusual investment opportunity.
Thrive Capital's Big Bet
- Thrive Capital's leading role in OpenAI's funding round raises eyebrows, given their previous employee share buyout.
- Their increased involvement signals potential hesitation from other Silicon Valley investors.
Thrive's eyebrow-raising investment
- Thrive Capital led OpenAI's employee share buyout at an $86B valuation before leading the current round.
- This move suggests that other investors may not be as eager to invest in OpenAI at the desired price.