OpenAI reaches $500 billion valuation - $6.6 billion worth of shares sold to global investors
OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold about $6.6 billion in shares.
This represents a significant increase from the previous valuation of $300 billion. Reuters had reported on the details of this share sale earlier in August.
As part of the deal, OpenAI employees sold shares to a consortium of investors that includes Thrive Capital, SoftBank, Dragoneer Investment Group and Abu Dhabi-based MGX, according to a source who spoke on condition of anonymity.
He said the company had authorized a secondary market share sale worth more than $10 billion. The sale comes on top of SoftBank's previous investment in OpenAI's $40 billion seed funding round.
OpenAI generated about $4.3 billion in revenue in the first half of 2025, about 16% more than the revenue it had throughout the previous year, The Information reported.
The deal comes at a time when tech giants are fiercely competing to attract talent in the field of artificial intelligence, offering very high compensation packages. Meta, in particular, has invested billions in the company Scale AI and recruited its CEO to lead its new superintelligence unit.
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