Home USA News OpenAI completes employee stock sale, latest valuation reaches 86 billion yuan

OpenAI completes employee stock sale, latest valuation reaches 86 billion yuan

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OpenAI completes employee stock sale, latest valuation reaches 86 billion yuan

The New York Times and Bloomberg News reported on Friday that OpenAyeEmployees are allowed to sell shares and an equity transaction has been completed. The latest valuation of this popular artificial intelligence (AI) company has reached US$86 billion, making it one of the most valuable technology startups in the world.

According to people familiar with the matter, the equity transaction was led by venture capital firm Thrive Capital, which allowedOpenAIUnlike traditional methods of raising capital for a company, employees will be able to cash out their company stock holdings.

Neither OpenAI nor Thrive Capital responded to requests for comment.

It is understood that this equity transaction was originally scheduled to take place last year. Unexpectedly, in November last year, the CEO suddenlyultramanAfter being fired by the board of directors, Altman was soon reappointed, and OpenAI also reappointed directors. The employee stock sale was delayed until recently. ,

Bloomberg reported that in addition to this employee stock sale, OpenAI is also discussing a new round of fundraising plans. This round of fundraising is expected to take the company’s valuation to more than $100 billion.

OpenAI became popular with the launch of the chatbot ChatGPT more than a year ago, and has led the current wave of AI craze. As a leading company in the industry, OpenAI’s revenue was estimated to exceed US$1.6 billion last year, and is expected to reach US$5 billion this year. Microsoft, already a significant investor, has agreed to invest an additional $13 billion.

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