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OpenAI valuation soars to $500 bn in private share sale: reports
OpenAI valuation soars to $500 bn in private share sale: reports
Economy
by  AFP

The valuation of ChatGPT developer OpenAI soared to a chart-topping $500 billion in a deal for employees to sell a limited number of shares, financial media reported Thursday. A gaggle of investors snapping up the shares included Japanese investment giant SoftBank, the Financial Times and Bloomberg reported, citing people familiar with the transaction.