OpenAI apparently wants to aim for a billion-dollar valuation when selling shares

According to a report by the Bloomberg news agency, the ChatGPT inventor OpenAI is aiming for a total valuation of 86 billion dollars (81.6 billion euros) through the sale of employee shares.

With such a valuation, OpenAI would rise to the ranks of the most valuable companies not listed on the stock exchange – alongside the video service TikTok and Elon Musk’s space company SpaceX.

The terms of the deal with potential investors could change at the same time, Bloomberg said in its report on Thursday. In September, the Wall Street Journal reported that OpenAI was aiming for a valuation of between $80 and $90 billion in a share sale. This is the league in which Facebook, for example, was in before its IPO.

However, valuations in financing rounds or sales of existing shares from employees are often higher than the companies are later worth on the stock market. The chatbot ChatGPT, which can formulate sentences at the linguistic level of a human and carry on a conversation, has been causing a lot of stir since last year.

Microsoft entered into a billion-dollar pact with OpenAI and also secured a large stake in the start-up.

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SAN FRANCISCO (dpa-AFX)

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