… OpenAI’s most recent funding round gave it a valuation of more than $850 billion. Granted, valuations are more art than science, but it’s also the case that if OpenAI were to IPO with that valuation, it would be valued at 28 times its projected 2026 revenue. …
… Even as developers fear AI coding tools might spell the end of their careers and livelihoods, the race is on to embrace them as quickly as possible. …
… If the stegosaurus paradox isn’t resolved, and the mouth is “too small for the body,” he said, it will lead to write-downs, falling valuations, dried-up financing, and a broad resetting of expectations for AI worldwide. …
… Sam Altman, against the backdrop of Silicon Valley hype culture and startups that balloon to massive valuations based on promises that may or may not come to pass in the future, and an increasing embrace of a founder culture that thinks telling different groups different conflicting things is a fea… …