Overview

• Employees and ex‑employees sold about $6.6 billion of shares to Thrive Capital, Dragoneer, T. Rowe Price, SoftBank and MGX, implying a private valuation near $500 billion and topping SpaceX and ByteDance.
• Tech and chip stocks rallied after the deal, with semiconductor indexes and major names such as Nvidia, AMD and Intel advancing, according to market reports.
• Samsung Electronics and SK Hynix signed letters of intent to supply memory for OpenAI’s Stargate data‑center project, pointing to rising AI infrastructure demand.
• OpenAI is advancing data‑center partnerships with Oracle, SoftBank and Nvidia, while negotiating its future structure with Microsoft and drawing regulatory scrutiny of its governance model.
• Beyond ChatGPT, OpenAI is pursuing new products, including a reported jobs platform targeted for mid‑2026 led by Fidji Simo and AI‑fluency certifications via OpenAI Academy in partnership with Walmart.