OpenAI valuation soars to $500B in private share sale – reports

eu media ai misinformation

PARIS, France — The valuation of ChatGPT developer OpenAI soared to a chart-topping $500 billion in a deal allowing employees to sell a limited number of shares, financial media reported Thursday.

If confirmed, OpenAI workers’ sale of a reported $6.6 billion in shares to investors would make the company the world’s most valuable startup, overtaking Elon Musk’s ventures.

https://business.inquirer.net/550437/openai-valuation-soars-to-500b-in-private-share-sale-reports

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