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OpenAI hits $500 billion valuation after share sale to SoftBank, others, source says
OpenAI's $6.6 billion employee share sale boosts its valuation to $500 billion, surpassing SpaceX and ByteDance as the most valuable private company globally.
- 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.
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135 Articles
La Nación, Grupo NaciónReposted by 
udgtv
udgtvParis, France.The US company OpenAI, which developed ChatGPT, reached a value of $500 billion after its employees sold a limited number of shares, reported financial means on Thursday.If this sale operation of OpenAI securities workers worth $6.6 billion to investors is confirmed, this company will become the world's most valuable startup, surpassing Elon Musk's SpaceX, valued at about $400 billion, according to Bloomberg agency.Among the group …
Coverage Details
Total News Sources135
Leaning Left15Leaning Right22Center20Last UpdatedBias Distribution39% Right
Bias Distribution
- 39% of the sources lean Right
39% Right
L 26%
C 35%
R 39%
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