OpenAI is exploring a significant secondary stock sale that could allow employees to cash out approximately $6 billion in shares, valuing the company at around $500 billion, up from $300 billion. This deal involves investors like SoftBank Group, Thrive Capital, and Dragoneer Investment Group, and is still in early negotiations. The stock sale aims to help employees monetize equity while serving as a retention tool in a competitive AI job market, particularly for those with at least two years of service. OpenAI is aggressively expanding, recently launching GPT-5 and reporting 700 million weekly ChatGPT users. The company’s revenue has doubled, projecting $12 billion for the year and aiming for $20 billion. OpenAI, which transitioned to a capped-profit model, has also acquired an AI startup for $6.5 billion. Challenges include tensions with Microsoft over revenue sharing and strategic directions. This development highlights OpenAI’s rapid growth and evolving business strategies in the AI landscape.
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