OpenAI valuation: ChatGPT parent is now worth $500 billion; more than SpaceX and ByteDance
ChatGPT maker OpenAI’s valuation has surged to $500 billion after employees and former staff cashed out $6.6 billion worth of shares in a secondary sale, a source familiar with the deal told Reuters. With this valuation, the AI giant has left behind SpaceX and ByteDance.
The transaction lifts the artificial intelligence company’s value from $300 billion and highlights its rapid growth in both users and revenue.
