OpenAI is considering a significant stock sale that may boost its valuation to around 500 billion USD, a remarkable increase from its previous claims. With over 8 billion USD garnered in its latest funding, OpenAI’s valuation currently stands at 300 billion USD.
The proposed stock sale aims to motivate both current and former employees amid competitive pressures from companies like Meta. OpenAI’s discussions with Microsoft concerning its for-profit status may also influence its trajectory towards a potential IPO.
Leave a Reply