ChatGPT maker OpenAI is in early talks for a potential secondary stock sale that would allow current and former employees to sell shares, valuing the company at around $500 billion, a source familiar with the matter told Reuters on Tuesday.
Bloomberg was first to report the news.
Thrive Capital declined to comment on a Reuters request.
Separately, OpenAI is still in the process of raising $40 billion in a new funding round led by SoftBank Group (9984.T) at a $300 billion valuation to advance AI research, expand computational infrastructure and enhance its tools.
