OpenAI is staying private (for now)

OpenAI just announced it will delay its IPO due to ongoing AI safety concerns. But when you’re a company as big as OpenAI, where does your funding come from? In this episode, venture capital doesn’t cut it. Plus: Second quarter GDP was revised up thanks to all that corporate AI investment, Kai breaks down why the labor market is kinda like a bathtub, and farmers turn to agritainment as crop revenue shrinks. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future. Read the stories in today’s episode: Second quarter GDP growth is brought to you by the letters A and I Why full employment is like filling a bathtub with water OpenAI delayed its IPO. That makes private investors happy Corn mazes, apple picking, and hayrides: More farms are leaning into "agritourism" Is your Dijon spicy? Heat and drought might be the cause How "Neon Tom" made a 40-year career out of neon signs