US EditionOpenAI in talks to sell shares at $86 billion valuation
- OpenAI, the creator of ChatGPT, is in talks to sell existing employees' shares at an $86 billion valuation, potentially making it one of the world's most valuable closely held companies.
- Last month, OpenAI made a $300 million share sale at a valuation of $30 billion, indicating a meteoric rise in the company's value.
- OpenAI is negotiating a tender offer with potential investors, which could change the finalized allocations and terms.
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OpenAI, startup behind ChatGPT, is in talks to sell shares at $86 billion valuation
OpenAI, with a 49% ownership stake by Microsoft Corp, is headed by CEO Sam Altman and President Greg Brockman. Its valuation at $86 billion positions it among the world's most valuable private companies, surpassing companies like Stripe and Chinese online retailer Shein but trailing behind SpaceX by Elon Musk.
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Leaning Left2Leaning Right2Center4Last UpdatedBias Distribution50% Center
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