OpenAI, was valued at $500 Billion with an Investor Consortium.

IPO News & Company Reports
OpenAI reached a valuation of 500 billion dollars with the share sale carried out by its employees. Major investors like SoftBank played an important role in this process. The revenue target in 2025 is 4.3 billion dollars.

OpenAI's Valuation Exceeded $500 Billion

OpenAI, the developer of ChatGPT, has successfully reached a valuation of $500 billion with a total of $6.6 billion in share sales carried out by its current and former employees.

Investor Consortium and Share Sale

Within the framework of this agreement, OpenAI employees sold shares to an investor consortium consisting of Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi-based MGX, and T. Rowe Price.

Share Sales in Secondary Markets

Furthermore, sources indicated that the company allowed for more than $10 billion in share sales in secondary markets. This sale also completed SoftBank's investment in OpenAI's previous $40 billion primary financing round.

Revenue Expectations

OpenAI aims to generate approximately $4.3 billion in revenue in the first half of 2025.

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OpenAI, $500 billion, ChatGPT, share sale, SoftBank, investor consortium, BIST

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