OpenAI Seeks Valuation of Up to $90 Billion: WSJ

The transcript discusses OpenAI's potential valuation increase from $29 billion to $80-$90 billion, driven by significant revenue growth and strategic positioning in generative AI. The valuation is based on an insider share sale, where employees sell existing shares rather than issuing new ones. Microsoft, owning 49% of OpenAI, plays a crucial role by providing Azure Cloud credits to offset high compute costs. The situation is compared to SpaceX, highlighting the need for liquidity among long-serving employees.

What is a significant factor contributing to the high compute costs for OpenAI?

What motivates employees to sell their shares in an insider share sale?