
OpenAI hasn't gone public yet, but its valuation has nearly doubled? According to Bloomberg, OpenAI @OpenAI is negotiating a new round of funding of at least $30 billion, with a pre-money valuation of approximately $1.4 trillion. A UAE fund led by Abu Dhabi’s MGX is expected to contribute up to $10 billion, with BlackRock also participating. Even more striking is that OpenAI itself set this valuation—investors can take it or leave it. Just three months ago, its post-money valuation was $852 billion; now, it’s nearly doubled in just over half a year. It feels like AI has become a musical chairs game for institutions—how many trillions will retail investors be left holding when the music stops? This is where crypto’s innovation comes in: buying OpenAI tokens in advance guarantees profits, since valuations only rise before an IPO, right?