OpenAI: Finally, a price on all the madness OpenAI will be massively in debt for its spending when it eventually comes public, probably in the not-too-distant future. Meanwhile, its valuation is a ridiculous multiple of expected sales this year. We've seen this movie before. You would do well to recall the example of Snowflake, which had high growth, but also massive losses and an absurd stock valuation when it came public. The result was not pretty. thetechnologyletter.com $SNOW @OpenAI [Translated from EN to English]

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