United Kingdom, Aug. 7 -- OpenAI is reportedly in early discussions with investors over a potential share sale that could value the ChatGPT developer at $500 billion.
According to sources cited by the Financial Times, the artificial intelligence firm, backed by Microsoft, is said to be working with investors on a new tender offer that would allow employees and existing shareholders to sell equity, rather than raising fresh capital for the business.
If completed, the move would make OpenAI one of the most valuable private tech companies in the world - surpassing the market caps of many publicly traded firms.
Sources familiar with the matter told FT that the discussions are still preliminary and subject to change, with no guarantee that ...
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