New funding to build towards AGI

by pelcgon 3/31/2025, 10:06 PMwith 67 comments

by cypherpunks01on 3/31/2025, 10:28 PM

They might need to throw a little more funding into TTS training.

Play it and first thing you hear is an enthusiastic "Today we’re announcing new funding - 40 bi-dollars at a 300 bi-dollar post-money valuation!" Hah.

by thundergolferon 3/31/2025, 10:31 PM

> deliver increasingly powerful tools for the 500 million people who use ChatGPT every week.

Wasn't aware they'd hit a WAU count this high. Impressive, but then again at this kind of valuation you sure want to be heading towards 9-figure MAU numbers.

by candiddevmikeon 3/31/2025, 10:38 PM

Why is their valuation so much more than Anthropics? It's even bigger than Salesforce, SAP, and Cisco.

by metadaton 3/31/2025, 10:53 PM

Related submission from 5 days ago (re-upped 2 days ago):

OpenAI closes $40B funding round, startup now valued at $300B https://news.ycombinator.com/item?id=43490010 (16 comments)

Also worth reading the recent submission on what a tire fire it is being in the cage with altman: https://news.ycombinator.com/item?id=43514717

by casenmgreenon 3/31/2025, 10:53 PM

You can't get AGI using current method.

The amount of funding can't change that.

by lovichon 3/31/2025, 10:36 PM

For those who follow OpenAI closely

Is this news, as in was this generally known to be coming, or is this an actual surprise announcement?

by drbigon 3/31/2025, 10:57 PM

$40B goes in... and what comes out we'll all see. _Something_ definitely will.

by javier2on 3/31/2025, 10:41 PM

They need more cash already?

by elormon 3/31/2025, 10:37 PM

I don't think we'll ever see another startup raise so much funding every time they sneeze or wag a finger. It's getting ludicrous, really. $40B at a $300B valuation?

by cadamsdotcomon 3/31/2025, 10:40 PM

Hoping SoftBank gets a return but I fear it’s too large a round too late in OpenAI’s lifecycle.

Maybe I lack vision. What would it take for OpenAI to join the ranks of trillion dollar companies?

by 1970-01-01on 3/31/2025, 11:57 PM

And still nobody truly knows what AGI will do, or if it is even possible to achieve via massive datacenters.

by ilrwbwrkhvon 4/1/2025, 3:01 AM

Aah the final boss battle is here. Openai now completely collapses and becomes Dell or cracks AGI.

by windowshoppingon 3/31/2025, 10:39 PM

Just wondering how many others in this thread perceive this quest for "AGI" as delusional at the current time, when we don't yet understand the basis of natural general intelligence in almost any way at all? It's good to shoot for the stars, but it feels like if NASA were asking for funding for a manned mission to Andromeda before even landing a man on Mars. The belief that LLMs are the ticket feels absolutely quixotic to me.

by ljmon 3/31/2025, 10:37 PM

Real version: taxpayers fund new model towards AGI at the expense of their entire lives

OpenAI had billions. Now it is asking for trillions. It's taking over.

by comrade1234on 3/31/2025, 10:50 PM

OpenAI is so try hard. Open source your stuff like your name implies.