"OpenAI is reportedly on the verge of a roughly $500 billion valuation, a figure that would make it the most valuable private company in the world."
"As Axios reports, there are actually two deals in play: a SoftBank-led round valuing the company at $300 billion and a secondary sale of employee shares at $500 billion."
"One OpenAI investor compared it to the dawn of the internet, stating, "We're in one of the biggest technology shifts [in history].""
"Hypothetically, if ChatGPT hits two billion users and monetizes at $5 per user per month, that's $120 billion in annual revenue."
OpenAI is reportedly approaching a $500 billion valuation, which would surpass other major companies. This includes a SoftBank-led investment round valuing it at $300 billion and a secondary sale of employee shares, driving a higher valuation. An investor compares OpenAI's potential to a monumental tech shift, noting that reaching two billion users and monetizing them at $5 each could generate significant revenue. This speculative assessment may overlook competition from dominant tech firms.
Read at WIRED
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