Business

OpenAI Eyes $500 Billion Valuation in Groundbreaking Secondary Share Sale Talks

OpenAI's Ambitious Valuation Leap

In a move that could redefine the tech investment landscape, OpenAI is reportedly engaging in discussions for a secondary share sale. This strategic initiative aims to enable both current and former employees to liquidate their equity, with the company's valuation potentially soaring to an unprecedented $500 billion.

Investor Interest Peaks

Among the key players showing interest is Thrive Capital, highlighting the high stakes involved. The final scale of this offering, however, hinges on the level of demand from the investor community.

A Significant Valuation Surge

This potential valuation marks a dramatic increase from OpenAI's previous estimate of $300 billion, underscoring the rapid growth and immense potential of the ChatGPT maker.