this post was submitted on 31 Jan 2025
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OpenAI in Talks for Huge Investment Round Valuing It at Up to $300 Billion (www.wsj.com)
submitted 1 week ago by [email protected] to c/technology
3 comments fedilink hide all child comments
 

Mirror: https://archive.is/2025.01.31-020756/https://www.wsj.com/tech/ai/openaiin-talks-for-huge-investment-round-valuing-it-up-to-300-billion-2a2d4327

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[–] [email protected] 15 points 1 week ago

SoftBank are masters of burning money. This might be their biggest bonfire yet!

[–] db2 8 points 1 week ago (1 children)

These goofballs definitely do not use anything remotely like the normal meaning of the word "value".

[–] pdxfed 2 points 1 week ago

In the same way poker players misuse or misunderstand "pot equity" as a concept to justify chasing poor hands.