ChatGPT owner OpenAI hits $500B valuation after – Business News
OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal wherein present and former staff bought roughly $6.6 billion value of shares, a source accustomed to the matter instructed Reuters on Thursday.
This represents a bump-up from its present valuation of $300 billion, underscoring OpenAI’s speedy good points in each customers and income.
Reuters reported particulars of the stock sale earlier in August.
OpenAI has reached a valuation of $500 billion, following a deal wherein present and former staff bought roughly $6.6 billion value of shares. Above, CEO Sam Altman with South Korean President Lee Jae Myung in Seoul. YONHAP/AFP by way of Getty Images
As half of the deal, OpenAI staff bought shares to a consortium of traders together with Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi’s MGX and T. Rowe Price, in response to the source, who spoke on the situation of anonymity as they weren’t licensed to talk to the media.
The company had licensed gross sales of $10-billion-plus value of stock on the secondary market, the source added.
Thrive Capital, SoftBank, Dragoneer, MGX and T. Rowe Price didn’t instantly reply to Reuters’ requests for remark.
The share sale provides to SoftBank’s earlier investment in OpenAI’s $40 billion major funding spherical.
The company generated round $4.3 billion in income within the first half of 2025, about 16% more than it generated all of final yr, the Information reported earlier this week.
The ChatGPT mother or father generated round $4.3 billion in income within the first half of 2025, about 16% more than it generated all of final yr, in response to a report. REUTERS
The sale comes at a time when tech giants are competing aggressively for AI expertise with profitable compensation packages.
Meta is notably investing billions in Scale AI and poached its 28-year-old CEO, Alexandr Wang, to steer its new tremendous intelligence unit.
