OpenAI has recently surpassed SpaceX to become the world’s most valuable private company, reaching a staggering valuation of $500 billion. This leap follows a significant stock sale worth $6.6 billion, involving major investors like Thrive Capital and SoftBank, marking an increase from an earlier valuation of $300 billion. The surge supports OpenAI’s ambitious infrastructure initiative, Stargate, a $500 billion project aimed at constructing data centers across the U.S. OpenAI CEO Sam Altman emphasizes that robust compute resources are essential for fulfilling AI’s promise. Meanwhile, Elon Musk’s net worth momentarily reached $500 billion, largely tied to Tesla’s valuation of $1.4 trillion. Musk’s relationship with OpenAI has deteriorated, highlighted by a lawsuit accusing Altman of fraud and the misdirection of nonprofit resources. As OpenAI continues to thrive, Altman’s personal worth remains modest at about $20 million.
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