OpenAI Becomes World’s Most Valuable Private Company After Stock Sale
OpenAI is the world’s most valuable private company after private stock sale, hitting a $500B valuation.
Matilda
OpenAI Becomes World’s Most Valuable Private Company After Stock Sale
OpenAI is the world’s most valuable private company after private stock sale, cementing its position at the top of the AI industry. The $6.6 billion sale of shares from current and former employees pushed OpenAI’s valuation to an unprecedented $500 billion , according to Bloomberg. Image Credits:Thomas Fuller/SOPA Images/LightRocket / Getty Images This milestone makes OpenAI the highest-valued privately held company in history. Major investors in the deal included SoftBank, Dragoneer Investment Group, Thrive Capital, MGX, and T. Rowe Price . Not A Traditional Funding Round Unlike standard fundraising, this sale wasn’t about raising new cash for OpenAI’s operations. Instead, the money went directly to employees and early shareholders looking to cash out. Still, the move strengthens OpenAI’s talent strategy. With competitors like Meta’s AI lab aggressively recruiting top talent, these liquidity options serve as a powerful retention tool. Meta has already lured away several OpenAI engineers wit…
