OpenAI World’s Most Valuable Private Company

OpenAI has reportedly reached a $500 billion valuation after completing a $6.6 billion secondary share sale involving current and former employees. Share Sale The transaction, finalised on 2 October, allows OpenAI workers and alumni to sell their equity stakes to a group of institutional investors including Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi’s MGX,…

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