ChatGPT owner OpenAI hits $500B valuation after shares sale | Latest Tech News
OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former workers bought roughly $6.6 billion value of shares, a source acquainted with the matter told GWN on Thursday.
This represents a bump-up from its current valuation of $300 billion, underscoring OpenAI’s fast good points in both customers and income.Â
GWN reported particulars of the stock sale earlier in August.
OpenAI has reached a valuation of $500 billion, following a deal in which current and former workers bought roughly $6.6 billion value of shares. Above, CEO Sam Altman with South Korean President Lee Jae Myung in Seoul. YONHAP/AFP via Getty Images
As half of the deal, OpenAI workers bought shares to a consortium of traders including Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi’s MGX and T. Rowe Price, according to the source, who spoke on the condition of anonymity as they weren’t approved to converse to the media.
The company had approved gross sales of $10-billion-plus value of stock on the secondary market, the source added.
Thrive Capital, SoftBank, Dragoneer, MGX and T. Rowe Price didn’t immediately reply to GWN’ requests for remark.
The share sale provides to SoftBank’s earlier investment in OpenAI’s $40 billion major funding spherical.
The company generated around $4.3 billion in income in the first half of 2025, about 16% more than it generated all of last yr, the Information reported earlier this week.
The ChatGPT father or mother generated around $4.3 billion in income in the first half of 2025, about 16% more than it generated all of last yr, according to a report. REUTERS
The sale comes at a time when tech giants are competing aggressively for AI expertise with profitable compensation packages.
Meta is notably investing billions in Scale AI and poached its 28-year-old CEO, Alexandr Wang, to lead its new tremendous intelligence unit.
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