If estimates are accurate, it might need to add a sixth contender.
OpenAI reportedly bought Chat.com for over $35 million, with at least some of that paid in shares.
On Wednesday, Sam Altman crypticallyposted"chat.com" on X.
Of course, the URL redirects to ChatGPT’s homepage.
The company most likely wants to just drop the “GPT” from its current domain.
What is more interesting is the transaction.
The Verge notes that HubSpot founder Dharmesh Shahboughtthe domain for $15.5 million early last year.
He wanted it for a project that never came to fruition.
“Communicating with computers/software through a natural language interface is much more intuitive.
This is made possible by Generative AI.”
Taking over $15.5 million in shares is hardly “not profiting.”
However, Shah looks at it as an investment.
If OpenAI does well, so does he; if it tanks, so does he.
That said, it is a good bet that OpenAI will do just fine well into the future.
Congrats on the sale!
!pic.twitter.com/ubAD52bBku
Shah humorously worded his post as a ChatGPT-o1 prompt.
He defined the chatbot’s character and then supplied relevant information.
He then asked for it to guess the transaction price range and percentage he took in shares.
The estimated value in shares was $9.3 to $16.3 million.
It seems like a fair guess.
As we have seen, chatbots can spew out some terribly inaccurate results, especially when math is involved.
At least for now, Shah and Altman aren’t sharing details.
