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Reportedly [0], SoftBank is looking to invest $40B for a share of OpenAI.com that would value it at $260B. Given that OpenAI.org currently wholly owns OpenAI.c
by thinkling 2y ago
Reportedly [0], SoftBank is looking to invest $40B for a share of OpenAI.com that would value it at $260B.
Given that OpenAI.org currently wholly owns OpenAI.com (doesn't it? even Msft didn't get a stake?), I have trouble seeing (a) how the $40B valuation would stand up in court if anyone could challenge it (and I believe Musk is trying to do that?), but also (b) how Musk's $100B pushes up the valuation more than a SoftBank investment would do.
Scratching my head...
[0] https://www.nbcwashington.com/news/business/money-report/softbank-set-to-invest-40-billion-in-openai-at-260-billion-valuation-sources-say/3838834/ https://www.nbcwashington.com/news/business/money-report/sof...