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OpenAi is worth 80 billion, share offering agreement - News

2024-02-17T20:00:50.331Z

Highlights: OpenAi is worth 80 billion, share offering agreement - News. Nyt, value tripled in 10 months, employees can monetize (ANSA) OpenAI climbs the ranking of the most valuable technology startups in the world and, with the aim of putting shares on the market, has just concluded a deal that values ​​it at 80 billion dollars or more, almost tripling its valuation in less than 10 months. The San Francisco artificial intelligence company, which recently received heavy funding from Microsoft, will sell its existing shares in a public offering led by the venture capital firm Thrive Capital.


Nyt, value tripled in 10 months, employees can monetize (ANSA)


OpenAI climbs the ranking of the most valuable technology startups in the world and, with the aim of putting shares on the market, has just concluded a deal that values ​​it at 80 billion dollars or more, almost tripling its valuation in less than 10 months .

The indiscretion bounces on the pages of the New York Times according to which the San Francisco artificial intelligence company, which recently received heavy funding from Microsoft, will sell its existing shares in a public offering led by the venture capital firm Thrive Capital.

This is a 'tender offer' in which the shares offered for sale on the market are sold in blocks.

This - highlights the American newspaper - will allow employees to monetize by selling the shares they own.

With the new valuation, OpenAI is now in third place in the ranking of the most valuable technology start-ups in the world drawn up by data from the data tracker Db Insights.

Only ByteDance and SpaceX surpass it.

OpenAI has been at the center of the AI ​​boom since the release of its ChatGPT chatbot in November 2022 brought it into the limelight.

Led by Sam Altman, it has seen its revenues rise to over $1.6 billion in 2023 thanks to an explosion of interest in the technology and the latest data, from a few days ago, indicated revenues above two billion dollars on annualized basis.

Estimates point to a possible doubling by 2025. He recently unveiled his latest artificial intelligence tool, "Sora", which allows users to create text-based videos.

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Source: ansa

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