I'm neither a VC nor in the VC market, but I believe such valuation comes primarily from the name Ilya Sutskever. Having such a high-profile as the founder woul

I'm neither a VC nor in the VC market, but I believe such valuation comes primarily from the name Ilya Sutskever. Having such a high-profile as the founder would give more credibility to the company, unlike what we witnessed in recent years where companies like Theranos et al. that were valued at tens of billions for no obvious reason. Despite having said the above, we might still agree that the AI hype is probably the second generation of the dot-com bubble.