OpenAI is exploring a potential sale of shares held by current and former employees, aiming for a valuation of $500 billion, which would surpass Elon Musk’s SpaceX. If successful, this would elevate OpenAI’s value from $300 billion, overtaking SpaceX’s current worth of $350 billion. Existing investors like Thrive Capital and Microsoft are involved in discussions to buy employee shares, a move that may enhance staff motivation amidst competitive pressure from Meta. Notably, CEO Sam Altman addressed the talent hunt by Meta, stating that they haven’t significantly poached from OpenAI, despite lucrative offers. Meanwhile, OpenAI is launching new AI models and preparing to introduce an upgraded version of ChatGPT, GPT-5. Transitioning towards a for-profit model, the company is also venturing into hardware with a $6.4 billion acquisition. This strategic pivot aims to position OpenAI as a leader in the rapidly evolving AI landscape.
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