OpenAI planning to sell employees' shares at massive $500-billion valuation: Report
OpenAI is planning to sell former and current employees' shares to raise funds at a massive $500-billion valuation, Bloomberg reported. The startup's existing investors, including Thrive Capital, have approached OpenAI about buying some of the shares it'll put on sale. The deal would hike OpenAI's valuation by over 66% from $300 billion, its previous valuation marked during $40-billion fundraise.