alt Hacker NewsIt’s going to drop further, probably well below $1T. Still a multibillion dollar valuation though imo.
Their numbers are shit. They are brittle af. Any shift in political climate results in internal mayhem.
Same with openai
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returnInfinity • yesterday at 6:40 PM
No f500 is going to sign up to use chinese models.
Until there is a large free US model, its Ant and OAI.
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fourseventy • yesterday at 6:28 PM
"Their numbers are shit"
Scaled from 0 to $65 billion in revenue in 5 years...
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A good rule of thumb is one a tech company attaints a >$1 trillion valuation, it tends to hold in that range; e.g. see Amazon, Appl, Google, Meta, Space-X, Nvidia, etc.
So many people 6-12 months ago predicted Space-X stock would crash and burn, yet the stock is still holding strong around $130 and a valuation over a trillion dollars.