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OpenAI Employee Share Sale Pegs Company at $500 Billion Valuation

The sale underscores intense investor demand for a company planning multibillion‑dollar outlays in AI infrastructure.

Overview

  • Current and former employees sold about $6.6 billion of shares to investors including Thrive Capital, SoftBank and Dragoneer, according to the Financial Times and Bloomberg.
  • The pricing implies an approximately $500 billion valuation that would make OpenAI the most valuable private startup, surpassing SpaceX’s July valuation reported at $400 billion.
  • OpenAI did not comment to AFP on the reported transaction.
  • OpenAI generated about $4.3 billion in first‑half revenue, The Information reported, and it allowed staff to sell up to $10 billion of equity in the secondary program, the FT said.
  • AFP reports OpenAI is central to massive AI build‑outs, including Nvidia’s announced $100 billion commitment and the Stargate data‑center initiative targeting $500 billion by 2029, with about $400 billion said to be secured.