OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation
OpenAI has reportedly raised an additional $11 billion as part of a funding round that hasn't closed yet but is expected to in the coming weeks.
OpenAI's eye-watering valuation raises a red flag; it's time to ask if we're inflating another tech bubble with promises of AI supremacy that may not materialize. The sheer scale of investment suggests a collective leap of faith rather than cold, hard evidence of imminent revolutionary breakthroughs.
Panel script
A dimly lit, cluttered garage with scattered computer parts and a bicycle leaning against the wall. A person is sitting at an old desk, typing intently on a laptop while a cracked neon sign reading 'OpenAI Garage' hangs above them.
Raising $11 billion in a garage.
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Script
Panel 1
The OPENAI headquarters, a sleek, modern office with a large glass window revealing a view of the city skyline. Two employees, JASON and LUCY, are hunched over a conference table, laptops open and papers spread out. Jason looks up from his screen with a bemused expression.
Jason: So, we’re now worth more than a trillion dollars... how many more zeroes do we need to add to the salary spreadsheet?
Panel 2
In the same room, Lucy leans back in her chair, her eyes wide and her mouth agape as she reads from a document on her laptop.
Lucy: Wait, are you telling me that we just raised $11 billion? That’s like, a small country’s GDP.
Panel 3
Jason looks at Lucy with a deadpan expression, shaking his head slowly. They are surrounded by whiteboards filled with complex equations and diagrams.
Jason: Yeah, and we’re still struggling to find the right balance between ethical AI and world domination. Maybe we should start by figuring out how to use this money wisely.
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