OpenAI’s $150 Billion Valuation Aims to Disrupt Corporate Structure, Sources Reveal
Exclusive: OpenAI’s $150 billion valuation hinges on upending corporate structure, sources say
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| Photo Credit: CNA |
OpenAI’s potential valuation of $150 billion hinges on significant changes to its coorporate structure, Here are some key includes.
Financing through convertible bonds: Open AI is looking to raise $6.5 billion, and how its organization is restructured will determine the price.
Removing the interest rate cap: Investors are pushing to remove or change OpenAI’s current interest cap, which limits returns, to unlock more returns for participants.
Investor interest: Big technology players like Microsoft, Nvidia, Apple, and others are eager to invest. Thrive Capital and Sequoia Capital are expected to participate in the round.
Undervalue risk: If OpenAI fails to implement policy changes, it may need to renegotiate terms with investors, which could result in undervaluation.
This change is primarily intended to spur further developments in OpenAI’s exploration of artificial general intelligence (AGI).
(This article was written by formal algorithm)
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