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OpenAI's Stratospheric Valuation Draws Investor Scrutiny As It Scrambles To Capture Enterprise Market
OpenAI's Stratospheric Valuation Draws Investor Scrutiny As It Scrambles To Capture Enterprise Market
OpenAI, fresh off the largest private fundraising round in history, is facing mounting questions from some of its own backers over its $852 billion valuation and a whiplash-inducing pivot in strategy that prioritizes the higher-margin enterprise market at the expense of its consumer crown jewel - all because Anthropic is starting to drink their milkshake with enterprise contracts.
The company raised $122 billion last month from Silicon Valley and global capital - including SoftBank, Amazon, Nvidia, Andreessen Horowitz, Sequoia Capital and Thrive...
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May 11, 2026 / Tyler Durden
Key Events This Week: CPI, PPI, Retail Sales, Trump-Xi Summit
Key Events This Week: CPI, PPI, Retail Sales, Trump-Xi Summit
As DB's Jim Reid tallies overnight, it has now been 73 days since the war in Iran began, with the past 32 marked by a stalemate characterized by a mix of truce and ongoing ceasefire. The absence of any meaningful kinetic activity for over a month suggests a firm US preference for reaching a deal. However, a counterpoint is that uncertainty over who holds negotiating authority in Iran may be complicating progress and delaying more difficult times ahead. It remains...
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Jun 23, 2026 / Kyle Anzalone
Trump Claims Unfrozen Iranian Funds Will Be Placed in Escrow Account Controlled By US
President Donald Trump said that any Iranian funds that are unfrozen by a peace agreement will be controlled by the US and limited to purchasing humanitarian goods for Iran. “The Money and/or Sanctions that the U.S. Treasury is releasing goes into escrow, controlled by the U.S.A., and will be used for the purchase of food […]
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Jun 15, 2026 / Tyler Durden
Monsters Far And Near
Monsters Far And Near
Authored by James Howard Kunstler,
“We used to say that we don’t know what 2050 will look like. Now it’s more like we don’t know what 2030 will look like.”
- Jesus Enrique Rosas
You must be thinking that reality is pushing its luck with the president bringing this Iran business - a war, actually, let’s face it - to a favorable conclusion around dinner time Sunday evening (yawn) and then Mr. DJT sliding directly into his seat on the White House lawn to enjoy the special 80th...
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