OpenAI, the maker of ChatGPT that is backed by investors including Microsoft (MSFT) and SoftBank (SFTBY), is in talks to sell $6B in shares owned by its current and former employees in a deal that would value the company at about $500B, making it the world’s most valuable privately held company, according to The New York Times’ Cade Metz and Natallie Rocha, citing two people with knowledge of the matter. OpenAI has seen its valuation jump from $157B in October to $300B in March to potentially $500B in this latest secondary market sale, the report noted.
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