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How much is OpenAI worth?
OpenAI has completed a deal that values the San Francisco artificial intelligence company at $80 billion or more, nearly tripling its valuation in less than 10 months, according to three people with knowledge of the deal. The company would sell existing shares in a so-called tender offer led by the venture firm Thrive Capital, the people said.How does OpenAI make money?
OpenAI generates revenue in part by charging individuals for access to a powerful version of ChatGPT. Photo: Jakub Porzycki/Zuma Press OpenAI is talking to investors about a share sale that would value the artificial-intelligence startup behind ChatGPT at between $80 billion to $90 billion, roughly triple its level earlier this year.Will OpenAI sell shares at $86bn?
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI is in talks with investors about selling shares at a valuation of $86bn, roughly three times what it was worth six months ago, as advances in artificial intelligence transform the market’s appetite for the industry’s leading companies.