alt Hacker News> The $24b figure is literally in OpenAI's announcement.
And? That's not a legislated report; they can use whatever mechanism they want to, without disclosure, to produce numbers.
Lets wait until they are regulated as a public company, then their mechanism has to be both aligned with what legislation requires as well as clearly documented in their report.
> they can use whatever mechanism they want to, without disclosure, to produce numbers.
That would be fraud against whoever participated in this round, so no. Just because they aren't regulated doesn't mean they are literally free to do whatever they want to close the round.