Jaeden Schaefer

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OK, so according to Bloomberg, ChatGPT is getting really close to a deal.

They're going to be raising $100 billion.

Like I mentioned, the valuation is going to be over $850 billion.

And all of these numbers are going to top some of the earlier expectations.

People thought it was going to be about $800 billion.

$30 billion.

Now it's gonna be 150.

I think this really shows that there is a ton of investor appetite for even the biggest of these AI frontier models, which makes it feel like this quote unquote AI bubble we've heard talked about so frequently and so often, just doesn't feel as close like these companies just keep raising more and more money.

There's a lot of demand for this.

The costs are rising.

I think the competition is increasing.

But as Bloomberg says, OpenAI's pre-money valuation is still going to be about $730 billion.

So I think that right now comes at a really important moment.

OpenAI is burning through insane amounts of money and they're not slowing down in any way, shape or form.

They're scaling up their infrastructure.