Wealth Engine
OpenAI IPO
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OpenAI Valuation Cut to $1.25T as $30B Round Nears
OpenAI valuation cut to $1.25 trillion: a $30B round led by Coatue and UAE investors prices it $150B below the $1.4 trillion pitched weeks…
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OpenAI Funding Round Targets $30B at a $1.4 Trillion Valuation
OpenAI funding round talks target at least $30B at a $1.4 trillion valuation, Bloomberg reports, as bridge financing replaces the deferred 2026 IPO.
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OpenAI $1.5 Trillion Valuation Talks Split Reports by $300B
OpenAI $1.5 trillion valuation talks are live: FT says $1.2T, NYT says $1.5T. That is 30x-37x a $40B revenue run rate, six months after…
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SoftBank Drops 11% on OpenAI IPO Delay, Borrows $11.9B
OpenAI IPO delay pushes SoftBank down 11% as it borrows an upsized $11.87 billion to fund its $64.6 billion OpenAI stake. Full figures and…
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ChatGPT Ads Hits $1 Billion Run Rate in 200 Days, Goes Global
ChatGPT Ads hit a $1 billion annualized run rate in under 200 days, and OpenAI just opened self-service buying in India, Europe and the…