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)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink