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OpenAI Hits $500 Billion Valuation After $6.6B Share Sale by Employees

OpenAI has reached an eye-watering valuation of $500 billion following a major secondary share sale in which current and former employees sold roughly $6.6 billion in shares, sources familiar with the matter said. Previously valued at approximately $300 billion, the jump underscores surging demand and strong confidence in the generative AI leader’s future trajectory. In […]