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 Tucson Post 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 Tucson Post.
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.: U.S. President Donald Trump has ordered the White House to get a significant new addition: a US$200 million, 90,000-square-foot...
(Photo credit: Rafael Suanes-Imagn Images) The visiting Athletics and the Washington Nationals will play the decisive game of their...
Taipei [Taiwan], August 8 (ANI): U.S. President Donald Trump announced on Wednesday that the United States will impose a 100 per cent...
(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: Joe Camporeale-Imagn Images) Ryan O'Hearn tied the game with a leadoff homer in the ninth inning, Jose Iglesias singled...
(Photo credit: Michael Chow/The Republic / USA TODAY NETWORK via Imagn Images) Phoenix forward Alyssa Thomas made WNBA history Tuesday...
