Figma was a strategic acquisition. You can't directly compare companies for acquisition. Microsoft has invested in OpenAI and has a deal with them, Google has

Figma was a strategic acquisition. You can't directly compare companies for acquisition. Microsoft has invested in OpenAI and has a deal with them, Google has their own algos, Meta has their own algos. Who would acquire OpenAI and why would they pay so much? It seems like it would mostly be an acquihire and maybe getting ahead by 1-2yrs. Is that really worth >$30B, especially given that interest rates are no longer 0%? I also don't think your point about big tech firms having all the data makes sense. The transformer architecture that GPT is based on has been around since 2017. How did OpenAI create and scale GPT if they didn't have the data? I think OpenAI is going to try and be the go-to platform for new AI companies rather than looking for an acquisition.