OpenAI's High-Stakes Financial Moves: Stock-Based Acquisitions and Investments
OpenAI is making high-value acquisitions and investments using stock rather than cash, including a $6.5 billion stock deal for Jony Ive's hardware startup io, a $3 billion investment in a coding assistant similar to Microsoft Copilot, and a $500 billion project called Stargate involving a $19 billion investment and $30 billion annual payments to Oracle. The