OpenAI is rumored to have sold employee shareholdings, pushing up the company s valuation to more th

Mondo Technology Updated on 2024-02-18

OpenAI has completed a deal that allows employees** to take a stake in the company, which has boosted the company's valuation and made OpenAI one of the most valuable startups in the world.

The New York Times, citing sources familiar with the matter, noted that OpenAI has closed a deal that valus the AI company at more than $80 billion.

OpenAI would not comment on the so-called tender offer** sale of existing shares at venture capital firm Thrive Capital, which allows employees to monetize their company shares without using traditional financing methods, according to the report.

This *** was originally scheduled to take place last year, but in November, OpenAI's board of directors fired CEO Sam Altman without warning, which was postponed.

OpenAI also agreed to a similar deal early last year, with foreign media reports that venture capital firms including Thrive Capital, Sequoia Capital, Andreessen Horowitz and K2 Global agreed to buy OpenAI** through a public takeover, valuing the company at about $29 billion.

It is worth mentioning that Ultraman is also rumored to be raising funds for the creation of a chip company to improve global chip manufacturing capacity and promote new AI-related applications and tools.

Header image**: Unsplash).

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