OpenAI Valuation Could Reach $500 Billion as Employees Plan to Sell Shares

The valuation of OpenAI could rise to $500 billion, a significant increase from its current $300 billion. This potential surge comes as the company’s employees are seeking to sell nearly $6 billion worth of shares through an investor group that includes SoftBank Group, Thrive Capital, and Dragoneer Investment Group. 1 Softbank is set to lead a financing round for OpenAI, further bolstering the company’s finances.