Pre-Product AI 'Company' Now Valued at $30 Billion

Slashdot
By msmashFeb 24, 2025, 10:20 am115 pts
Financial Times: Venture capitalists have always been happy to back pre-profit companies. Back in the halcyon ZIRP era, they became happy to finance pre-revenue companies. But at least even Juicero, Wag and the Fyre Festival had an actual product. From Bloomberg over the weekend: "OpenAI co-founder Ilya…

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