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OpenAI, the institution down ChatGPT, has reached a valuation of $500 billion, pursuing a woody successful which existent and erstwhile employees sold astir $6.6 cardinal worthy of shares, a root acquainted with the substance told Reuters connected Thursday (October 2, 2025).
This represents a bump-up from its existent valuation of $300 billion, underscoring OpenAI's accelerated gains successful some users and revenue. Reuters reported details of the banal merchantability earlier successful August.
As portion of the deal, OpenAI employees sold shares to a consortium of investors including Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi's M.G.X. and T. Rowe Price, according to the source, who spoke connected the information of anonymity arsenic they were not authorised to talk to the media.
The institution had authorised income of $10-billion-plus worthy of banal connected the secondary market, the root added.
Thrive Capital, SoftBank, Dragoneer, MGX and T. Rowe Price did not instantly respond to Reuters' requests for comment.
The stock merchantability adds to SoftBank's earlier concern successful OpenAI's $40 cardinal superior backing round.
The institution generated astir $4.3 cardinal successful gross successful the archetypal fractional of 2025, astir 16% much than it generated each of past year, the Information reported earlier this week.
The merchantability comes astatine a clip erstwhile tech giants are competing aggressively for AI endowment with lucrative compensation packages.
Meta is notably investing billions successful Scale AI and poached its 28-year-old CEO, Alexandr Wang, to pb its caller ace quality unit.
