Short answer: Jordan Metzner says OpenAI ran a secondary at a $500 billion valuation, above SpaceX. He argues OpenAI now leads in chatbots, in coding with Codex five and in video generation.
Watch this answer from Episode 15 (starts at 19:29) · Episode 15 notes and transcript
From Episode 15: Sora 2 Took Over AI Video + Our New Parking Data Tool, starting at 19:29.
Sam Nadler [19:28]: Super cool. Alright. What's hot in the news, Jordan?
Jordan Metzner [19:31]: Yeah. So, I mean, going off the same OpenAI news, they did a secondary, I think, yesterday at a $500,000,000,000 valuation. I think they allowed employees to buy up to six points or sell $6,600,000,000 worth of shares, which is just a massive number. $500,000,000,000 valuation is obviously an incredible number. This says above SpaceX, so probably the most valuable private company on the market. And I think this just speaks to, how impactful ChatGPT and OpenAI has been on the AI ecosystem.
Sam Nadler [20:01]: Yeah. Absolutely. I mean, not only the one of the highest valuation for a private company. I mean, I you know, there's not that many public companies at greater valuations. Yeah. I mean, congrats to the employees that were able to participate in the secondary. And, I mean, it just you know, I think all of us, whether they're just gonna be a huge contender in the space. And, it's hard for me now to say if that valuation makes sense, but, it seems like it's only gone up rapidly since they've really become part of the public domain.
Jordan Metzner [20:38]: Yeah. Well, let's take a step back for a second. You know? If you look at these LLMs and these laboratories, you've kinda got three different verticals. You've got chatbot, you've got coding bot, and now you've got kind of content creation, kind of this image and video generation. And so, a few weeks ago, Anthropic was kind of number one in the coding bot space. Google was number one in the, image and video generation space. And OpenAI, probably had the best chat bot. I would say now, since GPT five has come out, they have taken the lead on the chat bot for sure. They've taken the lead on the coding bot for sure. Codex five is for sure then the number one coding tool in the market right now. And now they've just taken out the lead in video generation. Now, I know Anthropic came out with a new model this week. I haven't been able to play with that enough, but I still believe kind Codex five is is the market leader. And so you see OpenAI kind of taking the reign back across these three verticals.
Jordan Metzner [21:35]: And, we'll see more verticals as well. Obviously, as you know, there's audio and a bunch of other AI verticals in which OpenAI does not excel in. But I think in these three kind of chat, code, and content generation
Sam Nadler [21:46]: The biggest ones.
Jordan Metzner [21:47]: They're they're in the number one spot right now across the board.
Sam Nadler [21:49]: Yeah. It really does seem like they're firing on all cylinders. Alright. What else?
