OpenAI hits $US500 billion valuation after share sale
Openai, the company behind ChatGPT, reached a valuation of USD $ 500 billion (A756 billion) after an agreement with an agreement with an agreement that existing and former employees sell approximately $ 6.6 billion.
This represents a collision of $ 300 billion by underlining Openai’s rapid gains in both users and income.
As part of the agreement, the Openai employees, speaking about the status of anonymity, speaking about the status of anonymity because they were not authorized to talk to the media, Thrive Capital, Softbank, Dragoneer Investment Group sold a share to an investor consortium, including Abu Dhabi’s MGX and T. Rowe Price.
The source added that the company allows 10 billion dollars of stock sales in the secondary market.
Thrive Capital, Softbank, Dragoneer, MGX and T. Rowe Price did not immediately respond to Reuters’ requests for comments.
The sale of stock contributes to Softbank’s previous investment in Openai’s primary financial tour of $ 40 billion.
The company generated approximately 4.3 billion dollars in the first half of 2025, information reported at the beginning of this week, about 16 percent more than the entire last year.
Sales come at a time when technology giants compete in an aggressive way for AI ability with profitable compensation packages. Meta is largely investing in billions of scale AI and boiled its 28 -year -old CEO Alexandr Wang to lead the new super intelligence unit.
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