$300B OpenAI: AI Revolution or Biggest Bubble Ever?

OpenAI’s $300B Valuation: Breakthrough or Bubble? The Headline: OpenAI just closed a $40 billion funding round led by SoftBank, skyrocketing its valuation to $300 billion —making it more valuable than Chevron, Disney, or Coca-Cola. But beneath the eye-popping numbers, critical questions loom. 1. The Funding Breakdown: Who’s Betting Big—and Why? Lead Investor: SoftBank’s Vision Fund (which famously backed WeWork) is making another high-stakes AI bet, despite past stumbles. Other Backers: Microsoft, Oracle, and unnamed sovereign wealth funds are likely involved—signaling that AI dominance is now a geopolitical race. Use of Funds: Project Stargate: A moonshot AI infrastructure project with Oracle (chip design) and SoftBank (deployment). AGI Research: Leaked reports suggest 20% of the funds will go toward artificial general intelligence (AGI) experiments. Key Question: Is this a strategic play for compute supremacy, or just hype to justify ...