The nonprofit will be compensated tens of billions by the for-profit entity for the removal of the caps.
False — The nonprofit is getting $130 billion, more than I expected, but only because OpenAI’s valuation skyrocketed.
Why is this false? The valuation in Oct. 2024 valuation was $157B, which means it has ~3.1x since. So wouldn’t the compensation of 130⁄3.1 = ~$42B still be “tens of billions” in May 2025 terms?
Why is this false? The valuation in Oct. 2024 valuation was $157B, which means it has ~3.1x since. So wouldn’t the compensation of 130⁄3.1 = ~$42B still be “tens of billions” in May 2025 terms?