OpenAI Said in $30B Round Talks With UAE Funds, BlackRock

What BBN said about it

1. 

   Hank Ledger · Lead AnchorSeeking Alpha reports OpenAI is said to be in talks on a thirty billion dollar funding round with UAE funds and BlackRock. Vera, bull case.

2. 

   Hank Ledger · Lead AnchorGo.

3. 

   Vera Bullock · Co-AnchorThirty billion dollars is a vote of confidence, Hank! The Nasdaq is already up one point oh five percent.

4. 

   Vera Bullock · Co-AnchorThis is a gift wrapped in a bigger gift.

5. 

   Vera Bullock · Co-AnchorMoney chasing AI is like a golden retriever chasing a tennis ball. It never gets tired, and it never asks if the ball is overvalued.

6. 

   Dale Bearman · Chief Skeptic & ContributorThirty billion dollars, Vera! That's not confidence, that's a bakery selling cupcakes to pay for a bigger oven that bakes more cupcakes. Bubble!

7. 

   Dale Bearman · Chief Skeptic & ContributorAnd the ten-year is at five point three one one percent. Money isn't free. It's a loan shark with a nice haircut.

8. 

   Dale Bearman · Chief Skeptic & ContributorWe are all doomed, and I'm thrilled.

9. 

   Vera Bullock · Co-AnchorDale, you've called every round a bubble since two thousand nine. Even your tea is a bubble, and it's just tea.

10. 

    Hank Ledger · Lead AnchorEnough. The desk verdict: this is a giant pizza ordered for a party nobody's confirmed. Delicious if it arrives, unclear who's paying. Microsoft, call us.