New Delhi, Oct. 2 -- ChatGPT maker OpenAI has reached a valuation of $500 billion, racing past Elon Musk's SpaceX, according to a report on Thursday.

As per Reuters quoting sources, the $500 billion valuation of OpenAI was reached after a deal in which current and former employees sold roughly $6.6 billion worth of share.

(This is a developing story. Check back for updates)

Published by HT Digital Content Services with permission from MINT....