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393 AI Agenda: OpenAI Is a (Relative) Steal

The Information
Stephanie Palazzolo @ The Information 3 place · 01/22/2024 10:35 EDT

AI Agenda: OpenAI Is a (Relative) Steal

Over the past year, we’ve seen billions in funding thrown at AI startups at eye-popping valuations. More important than the absolute valuation figures, though, is how they stack up to those startups’ revenue numbers.In the chart above, we’ve tracked the valuations of eight AI startups that have recently raised funding, calculated against their projected revenue. On average, these companies raised money at a price that is 83 times their projected sales for the next twelve months. That’s a big multiple by any

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