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OpenAI had quite a week

Victoria1 min read

The money first: $122 billion closed at an $852 billion valuation — its largest round ever. Amazon, Nvidia, and SoftBank anchored it at $50 billion, $30 billion, and $30 billion, respectively. For the first time, retail investors got in via bank channels, contributing $3 billion, with OpenAI also set to appear in several ARK Invest ETFs. The company says it's doing $2 billion in revenue per month, with 900 million weekly active users and 50 million subscribers.

Then the weirder move: OpenAI acquired TBPN, a daily live tech talk show, in its first-ever media acquisition. The FT put the price in the "low hundreds of millions" or a show that's barely a year old. Sam Altman now has his own media property, just like Elon has X.

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