OpenAI's valuation reaches $500 billion after employee stock sale

mercurynews.com

OpenAI's valuation has reached $500 billion following a secondary stock sale, potentially making it the world's most valuable startup. Current and former employees sold $6.6 billion in shares to investors including Thrive Capital and SoftBank, boosting the AI company's private valuation. This valuation reflects high expectations for AI, though OpenAI is not yet profitable, raising concerns about a potential AI bubble.


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OpenAI's valuation reaches $500 billion after employee stock sale | News Minimalist