US EditionOpenAI hits $500 billion valuation after share sale to SoftBank, others, source says
OpenAI’s $6.6 billion employee share sale values the company at $500 billion, making it the world’s most valuable startup and surpassing SpaceX, amid rapid revenue growth and infrastructure investments.
- OpenAI has achieved a valuation of $500 billion following a $6.6 billion secondary share sale by current and former employees, as reported by a source familiar with the matter.
- The investors in this deal included Thrive Capital, SoftBank, and others, marking a significant increase from OpenAI's previous $300 billion valuation, according to the same source.
- OpenAI now surpasses SpaceX to become the most valuable startup globally, reflecting its rapid growth as demand for AI tools rises.
249 Articles
249 Articles
OpenAI could now be the world's most valuable startup, ahead of Elon Musk's SpaceX and TikTok parent company ByteDance, after it conducted a secondary stock sale to retain employees.
Why the company is so valuable despite red figures – and where it wants to go in the future.
Charted: The Journey to OpenAI’s Staggering $500B Valuation
See this visualization first on the Voronoi app. Charted: The Journey to OpenAI’s Staggering $500B Valuation This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. OpenAI has hit a jaw-dropping $500B valuation after a major secondary share sale. The ChatGPT-maker’s valuation has skyrocketed since Microsoft’s initial $1B investment i…
The $6.6 billion employee stock sale sent OpenAI to a valuation of $500 billion — a feat that underscores the investor euphoria fueled by the artificial intelligence boom. According to a Bloomberg report, the secondary sale allows current and former employees who have held shares for at least two years to sell shares to companies including Thrive Capital, SoftBank Group, Dragoneer Investment Group, MGX (Abu Dhabi) and T. Rowe Price. It is the se…
By MATT O’BRIEN OpenAI may now be the world’s most valuable startup, ahead of Elon Musk’s SpaceX and TikTok parent company ByteDance, after it conducted a secondary stock sale to retain employees. Current and former OpenAI employees sold $6.6 billion in stock to a group of investors, valuing the privately held artificial intelligence company at $500 billion, according to a person with knowledge of the deal who was not authorized to discuss it pu…
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