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Bloomberg Technology

OpenAI's Mega Valuation and SpaceX's First Commercial Spacewalk

Sep 12, 2024
Caroline Hyde, a Bloomberg journalist with a knack for tech news, joins Ed Ludlow, a reporter focusing on technology and finance, to discuss OpenAI's near $150 billion valuation and its quest for a reasoned AI model. They delve into Intel's challenges as its decade of market dominance is tested. Additionally, they highlight SpaceX's groundbreaking achievement with the first commercial spacewalk, exploring its implications for space tourism and the intersection of tech in both automotive and aerospace industries.
41:58

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Quick takeaways

  • OpenAI's potential $150 billion valuation hinges on its investment in advanced AI models that enhance reasoning capabilities in complex tasks.
  • SpaceX's successful first commercial spacewalk represents a pivotal moment for the space tourism industry, promising future advancements in commercial space exploration.

Deep dives

OpenAI's Ambitious Valuation and New AI Model

OpenAI is in discussions to raise $6.5 billion, which could elevate its valuation to $150 billion. This funding is crucial as the company invests heavily in developing complex AI systems, including a new model codenamed 'Strawberry.' This model aims to tackle reasoning tasks that are challenging for computers, such as advanced math and coding problems. For instance, it has been tested successfully in answering straightforward inquiries that typically confuse AI, indicating significant advancements in AI's reasoning capabilities.

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