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But we saved everything 🙂.
Tan said that the market misinterpreted OpenAI's revenue figures and described the company's underlying business as strong. Tan also stated that investors who sell based on a single short-term data point are no different from gambling in a casino.
Gavin Baker, CIO at Atreides Management, shared these remarks citing Tan via Bloomberg.
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Baker has previously discussed industry trends, including the rise of high frequency trading and related cyber warfare, referencing Jane Street’s $200 billion per gigawatt deals in recent commentary. He also covered Vercel’s milestone in surpassing $500 million in run-rate revenue with strong annual growth and a large paying customer base in a separate report. These insights reflect Baker’s ongoing focus on significant market and technology developments.