OpenAI Nearly Doubles Its Valuation. Turning For-Profit May Be Harder
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 2 October 2024
⏱️ 13 minutes
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| 0:00.0 | When Kate and Jervais founded Health and Her in 2019, they set out to transform Menopause care. |
| 0:06.4 | Through Barclay's Eagle Labs, they gained specialist industry and business expertise, |
| 0:11.0 | with support and training for the whole team. |
| 0:13.0 | But the story doesn't end here. |
| 0:16.0 | Because Health and Her are only just getting started, |
| 0:19.0 | selling at major UK retailers, |
| 0:22.0 | and making a real difference to thousands of lives. |
| 0:25.0 | Grow your business. Bank on Barclays. |
| 0:28.0 | Search Barclays business banking. |
| 0:30.0 | Open AI nearly doubled its valuation, but turning it into a real business may prove complex. |
| 0:40.0 | And how the devastation from Hurricane Helene scrambles the calculus for the |
| 0:43.8 | Harrison Trump campaigns. There's a lot of danger there because people who are |
| 0:49.4 | hurting and have lost their homes they don't really want to hear a blame game, they just want help. |
| 0:55.0 | Plus, why an archipelago high above the Arctic Circle is emerging as a potential military theater for Russia, China, and NATO. |
| 1:04.5 | It's Wednesday, October 2nd. |
| 1:06.6 | I'm Tracy Hunt for the Wall Street Journal. |
| 1:08.8 | This is a PM edition of What's News, |
| 1:11.1 | the top headlines and business stories that move the world today. |
| 1:15.0 | Open AI has raised $6.6 billion in new funding, capping a complex fundraising process that involved multiple tech giants and overseas |
| 1:26.0 | investors, as well as renewed scrutiny of the company's internal turmoil. |
| 1:31.7 | Investors are valuing the startup behind CHapp GPT at $157 billion. |
| 1:37.0 | This puts it on par with the market capitalizations of publicly traded household names, |
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