OpenAI is in talks with investors about selling shares at a valuation of $86bn, roughly three times what it was worth six months ago, as advances in artificial intelligence transform the market’s appetite for the industry’s leading companies.
A stock sale at the level OpenAI is targeting would make the San Francisco-based group behind the ChatGPT chatbot one of the world’s most highly valued private companies.
It was reportedly valued at $29bn in April this year, when it raised money from investors including Microsoft and Thrive Capital, said people with knowledge of the matter.
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