OpenAI Eyes $6B Share Sale at a Whopping $500B Valuation in Conjunction with GPT-5 Launch
OpenAI, the leading AI startup, is reportedly in discussions for a colossal secondary stock sale. The sale, estimated at around $6 billion, would catapult the company’s valuation to an impressive $500 billion. This is a significant leap from its previous valuation of $300 billion set earlier this year. The talks involve existing investors, including Thrive Capital, potentially purchasing shares from current and former employees.
This remarkable valuation milestone coincides with the recent launch of GPT-5, the company’s most advanced AI model to date. CEO Sam Altman hailed GPT-5 as “a significant step along our path to AGI.” The model is now accessible to ChatGPT users across all tiers. OpenAI anticipates reaching a staggering 700 million weekly active users this week, a substantial increase from 500 million in March.
Despite the excitement, the rollout of GPT-5 has not been without its challenges. Some users have voiced concerns about losing access to previous models and have highlighted issues with the new system’s responses. However, these growing pains have not deterred the enterprise market. Adoption has been robust, with coding and agent-building activity more than doubling since GPT-5’s debut.
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