Скачать или смотреть Why Investors Are Wary of OpenAI’s IPO

Financial Analysis Columnist Anita Ramaswamy breaks down OpenAI’s latest $850 billion valuation and explains why some public market investors see its 28‑times forward revenue multiple as “rich” compared with Anthropic and Nvidia. She also digs into concerns about OpenAI’s lack of free cash flow until at least 2030 and why that could keep some funds on the sidelines at IPO.

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