Anabelle Colaco
07 Aug 2025, 17:15 GMT+10
SAN FRANCISCO, California: OpenAI is exploring a new stock sale that could allow employees to cash out while pushing the company's valuation to around US$500 billion, according to a person familiar with the talks.
The potential sale is still in early stages, the source said, adding that existing investors, including Thrive Capital, are in discussions to participate. The person requested anonymity as the talks are private.
If finalized, the deal would mark a sharp jump from OpenAI's current $300 billion valuation. The artificial intelligence company, backed by Microsoft, has seen rapid growth fueled by the popularity of its ChatGPT chatbot and ongoing enterprise partnerships.
The share sale would offer employees a way to monetize their equity at a time when competition for AI talent is intensifying. Tech giants like Meta are reportedly offering highly attractive pay packages to lure top researchers and engineers.
Thrive Capital declined to comment. Bloomberg first reported the possible deal on August 5.
Get a daily dose of Austin Globe news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Austin Globe.
More InformationSAN FRANCISCO, California: OpenAI is exploring a new stock sale that could allow employees to cash out while pushing the company's...
SILVER SPRING, Maryland: The U.S. Food and Drug Administration has approved Teva Pharmaceuticals' Ajovy for use in children, marking...
LOS ANGELES, California: Rupert Murdoch's media empire is taking its tabloid formula west, with a new newspaper set to debut in California...
NEW YORK, New York - U.S. stock markets managed decent gains on Wednesday, a day after recording hefty losses, a sign that volatility...
AUSTIN, Texas: Tesla has awarded Elon Musk a US$29 billion stock grant in an effort to retain its high-profile CEO and put to rest...
WASHINGTON, D.C.: U.S. and Chinese negotiators may be edging toward a broad trade agreement that could ease tensions between the world's...
WASHINGTON, D.C.: The White House is preparing to take action against banks accused of cutting off clients over political views, with...
AUSTIN, Texas: Tesla has awarded Elon Musk a US$29 billion stock grant in an effort to retain its high-profile CEO and put to rest...
Taylor Adam Lee sought to share the vulnerabilities of Abrams hardware with a foreign adversary, the Department of Justice has claimed...
(Photo credit: Ron Chenoy-Imagn Images) Davis Schneider hit two of Toronto's five home runs to back seven strong innings by Kevin...
(Photo credit: Adam Cairns/Columbus Dispatch / USA TODAY NETWORK via Imagn Images) With the defense of their national title beginning...
(Photo credit: Rick Osentoski-Imagn Images) Luke Keaschall doubled twice and knocked in three runs, Thomas Hatch tossed 4 1/3 innings...
