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OpenAI valued at $300 billion in $40 billion new funding round. New York Times wants OpenAI documents related to anticipated profits, valuation in its copyright suit v. OpenAI.

The New York Times copyright lawsuit against OpenAI and Microsoft is no doubt the one to watch among the lawsuits in the Southern District of New York. (The Kadrey book authors’ suit against Meta is the same in the Northern District of California.)

After the quasi-nonprofit OpenAI just closed another funding round valuing the company at $300 billion, the New York Times is seeking OpenAI’s documents related to projected profits and the value of the company.

I expect Magistrate Judge Ona Wang will allow this discovery.

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