OpenAI Hits $500B Valuation After Employee Share Sale as AI Mania Accelerates
OpenAI hit a cool $500 billion valuation after a secondary stock sale, putting the San Francisco AI lab in rarefied company and on every investor’s speed dial. Half-Trillion Milestone: OpenAI’s Secondary Sale Crowns a New AI King The tender lets current and former employees cash out roughly $6.6 billion without issuing new shares, a classic […]