OpenAI Aims $90 Billion Valuation in Possible Share Sale, WSJ reports
The valuation would be almost three times what the artificial intelligence startup was valued at earlier this year.
Tweet on ChatGPT
Is OpenAI, a startup worth over $90 Billion!? @WSJ argues so, adding the possible share sale scenario by the end of the year!#ai #chatgpt4 #startup https://t.co/fbkIu2dIuC
— The_Journalbiz (@the_journalbiz) September 27, 2023
WSJ on ChatGPT valuation
OpenAI, the creator of ChatGPT, is talking to investors about a potential share sale that would value the startup at $80 billion to $90 billion, the Wall Street Journal reported.
Such a valuation would be almost three times what the artificial intelligence startup was valued at earlier this year, the Journal said, citing unidentified people familiar with the discussions.
The deal would allow employees to sell their existing shares instead of the company issuing new ones to raise fresh capital, according to the Journal. OpenAI has begun pitching investors on the deal, the people said, though terms could still change
A valuation of at least $80 billion would make OpenAI one of the most highly valued startups in the world.
