Is ChatGPT's Creator Taking Next Steps?

According to Bloomberg, the transaction would occur before a potential IPO (Initial Public Offering), allowing current and former employees to sell shares worth several billion dollars. Current OpenAI shareholders, including Thrive Capital, are in talks to participate in the employee share sale.
The company's potential IPO is still being considered on a speculative basis, but a share sale, implying a company valuation of approximately $500 billion, is one of the factors preceding a potential public listing. As a reminder, earlier this year, the company announced its first round of financing, led by Japan's SoftBank, with a valuation approaching $300 billion.
Open AI's great potential as a leader in generative artificial intelligenceAs a reminder, we talked about the valuation of Open AI with Timur Turlov, a billionaire of Russian origin, founder and president of the broker Freedom24, belonging to the Freedom holding, listed on NASDAQ.
"OpenAI's valuation seems reasonable compared to, for example, Nvidia. That's because Sam Altman's company (Open AI) truly looks like a leader in generative AI, with a very large market share. I bet that at some point, OpenAI could cost more than Nvidia," Turlov told WNP.
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