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Stockreport

OpenAI is reportedly trying to raise $100B at an $830B valuation [TechCrunch]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: TechCrunch
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The company is aiming to raise the funding by the end of the calendar first quarter next year, and it may ask sovereign wealth funds to invest in the round, the WSJ reported. The Information first reported news of the deal, though it said the fundraise would land OpenAI a $750 billion price tag. The funding would come as OpenAI commits to spend trillions of dollars and strikes deals around the world as the company tries to stay ahead in the race to develop AI technology. The cash injection would also help the company with its spending on inferencing, which seems to be funded more by cash than cloud credits , suggesting the company's compute costs have grown beyond what partnerships and credits can subsidize. And, as competition intensifies from rivals like Anthropic and Google , OpenAI has had to step on the gas to release new models and expand its presence in the developer and tooling ecosystem. Meanwhile, broader sentiment around AI has recently cooled as investors start doub [Read more]
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Stockreport

OpenAI is reportedly trying to raise $100B at an $830B valuation [TechCrunch]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: TechCrunch
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The company is aiming to raise the funding by the end of the calendar first quarter next year, and it may ask sovereign wealth funds to invest in the round, the WSJ reported. The Information first reported news of the deal, though it said the fundraise would land OpenAI a $750 billion price tag. The funding would come as OpenAI commits to spend trillions of dollars and strikes deals around the world as the company tries to stay ahead in the race to develop AI technology. The cash injection would also help the company with its spending on inferencing, which seems to be funded more by cash than cloud credits , suggesting the company's compute costs have grown beyond what partnerships and credits can subsidize. And, as competition intensifies from rivals like Anthropic and Google , OpenAI has had to step on the gas to release new models and expand its presence in the developer and tooling ecosystem. Meanwhile, broader sentiment around AI has recently cooled as investors start doub [Read more]
IMPACT SNAPSHOT
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GOOG
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%
Don't Miss Out On The Next BIG Stock Move
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LAST PRICE AT
NEWS EVENT
SINCE EVENT
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LAST PRICE
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%
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%
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%
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS