OpenAI is in discussions for a secondary sale that could raise its valuation to $500 billion. This sale will allow current and former employees to sell shares. OpenAI has previously conducted secondary sales, with the first occurring in November 2022 and valuing the company at $20 billion, far less than its current valuation of $300 billion. The impending sale may reflect investor optimism about the anticipated GPT-5 model, which has faced development challenges such as data acquisition issues and hardware malfunctions during training.
OpenAI is reportedly in talks for a secondary sale that could raise its valuation to $500 billion, with the sale open to current and former employees.
The first secondary sale occurred in November 2022 when OpenAI was valued at $20 billion, significantly less than its current estimated valuation of $300 billion.
Investor optimism regarding GPT-5 may be indicated by the proposed secondary sale potentially adding $200 billion to OpenAI's valuation.
Development of GPT-5 faced challenges such as a data wall and hardware failures that hampered the training rounds.
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