OpenAI's Valuation Soars to $86 Billion Amidst Share Sale Talks
TL;DR Summary
OpenAI is reportedly in talks for a deal that would value the company at $80 billion or more, nearly tripling its valuation in less than six months. The deal, led by venture firm Thrive Capital, would make OpenAI the most valuable start-up in San Francisco and one of the world's most valuable tech start-ups. OpenAI's employees would have the opportunity to sell their existing shares in the tender offer. The surge in valuation reflects the continued investor interest in AI start-ups and their potential to disrupt various industries with generative AI technologies.
- OpenAI in Talks for Deal That Would Value Company at $80 Billion The New York Times
- OpenAI's Valuation Reportedly Set To Hit At Least $80B; China-Based Competitor Announces $342M In Investments Crunchbase News
- OpenAI in talks to sell employee shares CNBC Television
- OpenAI Valuation Could Hit $86 Billion With Share Sale PYMNTS.com
- Is OpenAI now the Bay Area's most valuable venture-backed private company? The Business Journals
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