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06 Aug 2025
OpenAI in talks for share sale at $500 bil valuation
Summary: OpenAI is in early talks for a potential sale of stock for current and former employees at a valuation of about US$500 billion. The company is targeting a secondary stock sale in the billions of dollars, with existing investors like Thrive Capital interested in buying employee shares. This move follows OpenAI securing US$8.3 billion in funding and aims to reward and retain staff amidst competition for top talent.
Link: https://www.theedgesingapore.com/news/company-news/openai-talks-share-sale-500-bil-valuation