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AI News from ET - OpenAI valuation: Sam Altman-led AI company worth $500 billion

Vishwadeep Khatri
in AI News & Two Lenses

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OpenAI share sale: ChatGPT-maker is now valued at $500 billion, after current and former employees sold roughly $6.6 billion worth of its shares, per a report by Reuters on Thursday. The OpenAI employees sold shares to a consortium of investors, including Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi's MGX and T.

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