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Source: OpenAI employees sold shares worth ~$6.6B to a consortium of investors including Thrive Capital, SoftBank, Dragoneer, Abu Dhabi's MGX, and T. Rowe Price

OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current …

Reuters

Discussion

  • @davidgerard.co.uk @davidgerard.co.uk on bluesky
    VC is moribund except AI  —  > More than half of 2025 deal value and 30% of completed deals have gone to AI startups, highlighting investors' focus.  —  pitchbook.com/news/reports...  and AI is moribund except OpenAI - VC Georg, the outlier which should not be counted  —  pitchbo…
  • r/technology r on reddit
    OpenAI is the world's most valuable private company after private stock sale
  • @luke_metro @luke_metro on x
    San Francisco renters, welcome to the permanent underclass.
  • @garrytan Garry Tan on x
    We need to build housing. All the loony hard leftists are ready to pitchfork every tech person they meet The only path to a vibrant city that supports every income level is YIMBY and we need it NOW
  • @rohindhar Rohin Dhar on x
    OpenAI completes tender offer allowing early employees to sell shares at a $500BN valuation How big a deal is this for the San Francisco based company? Well the $6.6BN in liquidity for employees is enough to buy *every single* home sold in San Francisco in the last year [image]
  • @samblum Sam Blum on bluesky
    OpenAI's valuation crossed the half-trillion mark today.  On the heels of Sora 2, which is essentially a plug and play tool for deepfakes that could, you know, subvert our reality to an even more staggering degree.  —  www.cnbc.com/2025/10/02/o...
  • r/levels_fyi r on reddit
    OpenAI just hit a $500B valuation and sold $6.6B worth of shares
  • r/business r on reddit
    OpenAI wraps $6.6 billion share sale at $500 billion valuation