🥛 The AI Bubble just got real 🚨

Q: OpenAI raised $122B at $852B valuation from Amazon, Nvidia, and others, then acquired tech show TBPN

OpenAI raised $122B at $852B valuation from Amazon, Nvidia, and others, then acquired tech show TBPN for $150M+ while killing Sora due to unsustainable GPU costs.

Q: Despite massive funding, OpenAI holds daily meetings to ration GPU compute time between products as

Despite massive funding, OpenAI holds daily meetings to ration GPU compute time between products as H100 rental prices surge and lead times hit 36-52 weeks.

Q: SpaceX, OpenAI, and Anthropic all targeting IPOs within 18 months could demand billions in public ma

SpaceX, OpenAI, and Anthropic all targeting IPOs within 18 months could demand billions in public market capital, potentially forcing rotation out of existing Big Tech stocks.

Milk Road AI·Monday, April 6, 2026·13 min read

AI/ML Finance Startups

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AI Summary

OpenAI closed a $122B funding round at $852B valuation from Amazon, Nvidia, and others, then acquired tech livestream TBPN for over $150M while simultaneously killing their Sora video product due to unsustainable GPU costs. The company faces compute constraints despite massive funding, with daily GPU rationing meetings and upcoming IPO pressure alongside SpaceX and Anthropic potentially flooding public markets.

Key Facts

✓OpenAI raised $122B at $852B valuation from Amazon, Nvidia, and others, then acquired tech show TBPN for $150M+ while killing Sora due to unsustainable GPU costs.

✓Despite massive funding, OpenAI holds daily meetings to ration GPU compute time between products as H100 rental prices surge and lead times hit 36-52 weeks.

✓SpaceX, OpenAI, and Anthropic all targeting IPOs within 18 months could demand billions in public market capital, potentially forcing rotation out of existing Big Tech stocks.

Author Takes

BearishMilk Road AI

OpenAI compute constraints

OpenAI raised $122B but still can't afford to run all their products due to GPU rationing

Contrarian Angle

Buying Media to Control AI Narrative

OpenAI acquired TBPN tech livestream for $150M+ to own distribution layer for AI conversation

Pre-IPO company buying independent media outlet that covered competitors

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