The tender sale, in which investors would buy shares from existing shareholders such as employees, could amount to a total of US$300 million ($403.15 million). This would value the company at US$29 billion, double its value in 2021, says the financial writer.
Parent company of AI chatbot ChatGPT, OpenAI, could go public this year, according to IG Group’s financial writer Kelvin Ong.
While there has not been any direct talk of an initial public offering (IPO), Ong says that as of January, OpenAI was reportedly in funding talks with venture capital firms Thrive Capital and Founders Fund for a private tender sale of shares.
