OpenAI, the creator of ChatGPT, is poised to become the world’s most valuable private company as it negotiates a $6 billion share sale that could elevate its valuation to $500 billion. This growth reflects a dramatic increase from its $300 billion valuation earlier in March, bolstered by significant investments from firms like Microsoft and SoftBank, totaling at least $40 billion. If successful, OpenAI would surpass SpaceX, valued at $350 billion, as the leading private entity. Current investors, including SoftBank, Dragoneer, and Thrive Capital, are showing interest in purchasing shares from OpenAI’s workforce. Despite the competitive AI landscape with giants like Meta, Google, and Amazon each spending heavily on development, OpenAI faced a mixed reception for its newest GPT-5 model. CEO Sam Altman aims for “artificial general intelligence,” although GPT-5 currently lacks continuous learning capabilities. The rise of AI is attracting increased regulatory scrutiny regarding the ethical implications of its use.
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