OpenAI’s current and former employees are set to sell approximately $6 billion in shares to a group of investors that includes SoftBank, Thrive Capital, and Dragoneer Investment Group. This potential transaction could elevate OpenAI’s valuation from $300 billion to $500 billion, though discussions remain preliminary. SoftBank is leading a significant $40 billion fundraising round, having already secured $8.3 billion from other backers. This share sale aims to boost liquidity for OpenAI employees, critical at a time when tech giants are aggressively recruiting AI talent. Eligibility for the sale is limited to employees with two or more years at the company. If finalized, OpenAI would become the most valuable startup globally, outpacing SpaceX. Additionally, OpenAI recently launched its new GPT-5 model, which faced criticism, leading to a reinstatement of GPT-4 for paying users. Key leaders discussed the immense global demand for AI and its future impact on innovation during a recent conference.
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