OpenAI Is About to Make Employees Millionaires
It’s a figure so large it almost loses meaning: $500 billion. That is the staggering valuation OpenAI, the company behind the revolutionary ChatGPT, could soon command. The company is in discussions with investors for a deal that would allow its current and former employees to sell their privately held shares, a source familiar with the matter told Gizmodo. This type of deal, known in financial jargon as a secondary sale or a tender offer, would more than double OpenAI’s recent $260 billion val