Open AI turns out it's gone public and its revenues rock solid. Yep. Not losing anything.

Not losing a dime. No, no, no. It's Ed. We're back to do a big mega roundup of developments in the

AI economy. I try to sort of round some of those up for a while, save them for Ed, because it's just,

it's good to look at them all at once. And before we get into,

get into it, I mean, I'm going to say before we get into it, and another thing, like 50 times this

episode, because I have so much I want to talk about. Sam Altman's newest disclosure on the

previous Open AI investment round, which keep me honest on my numbers here, Ed, I believe has

valued it at $400,600 billion

simultaneously depending on who's buying and selling the shares. No, no, it's actually better than that.

It was $300 billion in April, and now they are doing a second employee share sale that has grown

from $5 to $8 to $10.3 billion at a valuation of $500 billion, which is around the market cap of Netflix.

But the best part is, is I generally think that when you think a company is going to survive,

you do like a $10.3 billion employee share sale.

I don't think that anyone has ever sold this many shares before.

And it's just like two weeks after Samuel, it was like, yeah, it's a bubble.

Yeah.

Check out this cool bag holding opportunity.

Yeah.

And what's great is they're selling shares.

This is what really melts my brain.

So they did an $8.3 billion round like a month ago.

And Dragon Air involved themselves in it.

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