Reported 1 day ago
Current and former OpenAI employees are attempting to sell nearly $6 billion worth of shares to investors, including SoftBank Group and Thrive Capital, which could elevate the company's valuation to $500 billion. This sale reflects OpenAI's significant growth in users and revenue, highlighted by doubling its anticipated annual revenue to $20 billion. The discussions are in early stages and subject to change.
Source: YAHOO