Few companies have grown as much in one year as OpenAI, creator of the famous ChatGPT. OpenAI plans to sell shares, and if the deal goes through at the level the company wants, OpenAI’s value will reach $86 billion.
OpenAI was valued at $29 billion in a major investment round in April.
The Financial Times, Wall Street Journal and Bloomberg have written about OpenAI’s market value and plans to auction off employee shares. Sources say $1 billion worth of stock could be sold.
Negotiations are still ongoing, and many details may change.
According to estimates, OpenAI’s revenues in the last year were about one billion dollars.
ChatGPT was launched in November 2022, quickly reached 100 million users, and since then the company has been improving the chatbot and also launched a mobile app.
Source: Hot News
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