Open AI 80 billion Validation
OpenAI is in discussions to increase its value to $80 billion through a deal involving employee shares, tripling its January valuation. This would make it the third most valuable private company globally, trailing only ByteDance and SpaceX. OpenAI's potential deal with investors, including Thrive Capital, could involve selling up to $1 billion in employee shares, providing both financial benefits for employees and aiding in talent acquisition. Amidst decreased global startup funding, AI-related firms remain an exception. OpenAI, a leader in generative AI, is seen as a potential future public company with optimistic projections, generating $1 billion in annual revenue from ChatGPT and exploring AI chip development.
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