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PC Gamer
PC Gamer
Jess Kinghorn

Nonprofit turned investment magnet OpenAI is now valued at $500 billion

OpenAI logo on some cash.

OpenAI is a company that only ever seems to go big when it comes to matters of money, with the ChatGPT steward's latest valuation placing its estimated worth at $500 billion. That's a $200 billion jump up from its last valuation back in late March this year.

The latest valuation (via Reuters) follows on the heels of a deal in which current and former employees at the company sold about $6.6 billion worth of shares. According to an anonymous source that spoke to Reuters, these shares were sold to a number of interested investors at SoftBank, Abu Dhabi's MGX, Thrive Capital, T. Rowe Price and Dragoneer Investment Group.

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