OpenAI valued at $80 billion after deal

OpenAI valued at  billion after deal

Image: (APA/AFP/DREW ANGERER)

This was reported by the New York Times on Friday (local time), citing three people familiar with the deal. According to the report, the company will sell existing shares in a so-called tender offer led by venture firm Thrive Capital.

According to the report, the deal also stipulates that employees can have their company shares paid out in cash. OpenAI did not immediately respond to a request for comment.

  • Also read: Sora: OpenAI company now also generates video from text presets

The big business of AI

It was already known last year that the AI ​​developer was aiming for a valuation of 80 to 90 billion dollars. In September 2023, according to a media report, the ChatGPT operator spoke to investors about a possible share sale. ChatGPT has taken the world by storm. A few weeks after the presentation of this so-called chatbot in November 2022, 100 million users were already experimenting with the software. At the same time, the topic of artificial intelligence (AI) was making headlines more and more often. Companies expect lucrative business from such programs that simulate human interactions or create complete texts based on just a few keywords.

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