OpenAI plans to sell about 6 billion dollars worth of shares. This sale mainly involves transferring shares held by company employees to big investors. Sources say that major companies like SoftBank Group and Thrive Capital could take part. The deal is still in the early stages, and the size of the sale may change.
If the sale is successful, OpenAI’s total value will rise to 500 billion dollars. Currently, the company is worth about 300 billion dollars. This big increase is due to OpenAI’s fast-growing user base and revenue. Competition for skilled workers in artificial intelligence also helps increase the company’s value.
SoftBank previously led OpenAI’s 40 billion dollar main funding round. Now, it plans to join this second share sale to increase its ownership in the company.
ChatGPT plays a big role in the company’s growth. In the first seven months of this year, OpenAI’s revenue doubled to 12 billion dollars. By the end of the year, it is expected to reach 20 billion dollars.
The number of ChatGPT users is also growing fast. Currently, there are about 700 million weekly active users. This is a big increase from 400 million in February and shows how quickly the company is developing.
