surprisetalkMar 31

OpenAI closes funding round at an $852B valuation

https://openai.com/index/accelerating-the-next-phase-ai

https://www.cnbc.com/2026/03/31/openai-funding-round-ipo.html

OpenAI raises $122 billion to accelerate the next phase of AI

OpenAI raises $122 billion in new funding to expand frontier AI globally, invest in next-generation compute, and meet growing demand for ChatGPT, Codex, and enterprise AI.

Show threadnemo1618Mar 31

I'm old enough to remember when companies worth $1 billion were called "unicorns." Now we have a company raising 122 times that? Valued at nearly 1000 times that...?

At least they're throwing consumers a bone via the ARK deal. It's crazy how little AI exposure is available to anyone who isn't already wealthy and/or connected.

Show threadchilipepperhott
I would not call an effective 2.9% expense ratio "throwing a bone".
Mar 31 at 9:48pmWeb