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.