OpenAI’s $100B plan

It wants to be “nonprofit” and public at the same time

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What we’ll cover today:

💸 OpenAI wants to go public… but still stay “nonprofit.”

🔎 Perplexity just raised $200M and tried to buy Chrome.

🧪 Thinking Machines is solving AI randomness.

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  • OpenAI and Microsoft signed a “nonbinding” deal to turn OpenAI’s for-profit arm into a public benefit company.

  • The nonprofit board still stays in charge and now holds a stake worth more than $100B.

  • Becoming a public benefit company lets OpenAI raise more money and eventually go public.

  • OpenAI is quietly reducing its reliance on Microsoft by cutting massive cloud deals with Oracle and SoftBank.

Would you trust OpenAI more if it goes public?

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  • Perplexity just raised $200M at a $20B valuation, only two months after its last round.

  • The startup already makes nearly $200M a year in revenue, despite being only three years old.

  • They even tried to buy Google Chrome for $34.5B to get distribution.

  • The strategy is simple: be the next in line if Google search starts to lose dominance.

  • Mira Murati’s new lab is trying to fix a core problem: AI models give different answers each time.

  • Their research says this randomness comes from the way Nvidia chips process responses.

  • If solved, AI could give consistent answers, making it more reliable for businesses and scientists.

  • The big test is whether they can turn this technical fix into a real product worth $12B.

Do you need AI to give the same answer every time?

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