OpenAI Valuation Discrepancy Reaches $300 Billion Amid AI Frenzy

OpenAI's valuation has sparked controversy after Bloomberg and the Financial Times reported a new funding round at $1.2 trillion, while The New York Times claims it's worth $1.5 trillion.

The difference of $300 billion is substantial, equivalent to Procter & Gamble's (NYSE: PG) market cap.

OpenAI's revenue run rate stands at $40 billion annually, but the company won't be profitable until 2030.

Rival Anthropic has a higher revenue run rate of $65 billion and may already be profitable. Its potential IPO is targeting a $2 trillion valuation.

The discrepancy in OpenAI's valuation highlights the uncertainty surrounding AI companies' valuations, with some reports suggesting that one figure might be pre-money or post-money.