OpenAI’s ChatGPT Eyes Major Stock Sale, Valuation Could Hit $500 Billion

According to Bloomberg, OpenAI, the creator of ChatGPT, is negotiating a significant stock sale that could boost its valuation to around $500 billion. If the deal goes through, this would represent an increase of approximately two-thirds in OpenAI’s market value. This surge reflects growing investor confidence in AI technology and the massive potential of generative AI platforms like ChatGPT. The move positions OpenAI among the most valuable private tech companies worldwide, highlighting the transformative impact AI is having across industries.