Wall Street Mav
Wall Street Mav|Feb 28, 2026 04:53
OpenAI supposedly just raised $110 billion in funding at a $840 billion valuation. In reality most of it was vendor financing dressed up. For the $50 billion from Amazon, OpenAi agreed to spend $100 billion on AWS. Also, $35 billion of $50 billion depends on an OpenAi IPO by end of 2026 and OpenAi delivering on the breakthru of AGI. For the Nvidia money, OpenAi had to commit to buying a huge amount of Nvidia chips. $840 billion valuation for OpenAi, a company with $20 billion in revenue and projected losses of $100+ billion thru 2030. Also, all of this hardware has a lifespan of around 3 to 5 years, then has to be replaced. Those quarterly earnings reports are going to be hilarious after the IPO. I will stick with silver miners that are raking in profits at $90 per oz silver prices.(Wall Street Mav)
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