ChatGPT maker OpenAI is in early talks for a potential secondary inventory sale that will permit present and former workers to promote shares, valuing the corporate at round $500 billion, a supply conversant in the matter informed Reuters on Tuesday.
Bloomberg was first to report the information.
The Microsoft-backed firm goals to boost billions by the sale, with current traders, together with Thrive Capital, expressing curiosity in shopping for among the employee shares, the supply mentioned.
Thrive Capital declined to touch upon a Reuters request.
Separately, OpenAI continues to be in the method of elevating $40 billion in a brand new funding spherical led by SoftBank Group at a $300 billion valuation to advance AI analysis, develop computational infrastructure and improve its instruments.
