OpenAI Eyes $500B Valuation in Secondary Share Sale Amidst Revenue Surge

OpenAI is exploring a secondary share sale that could value the artificial intelligence giant at $500 billion, according to people familiar with the matter. The proposed transaction WOULD allow current and former employees to monetize their equity stakes, building on the company's recent $300 billion valuation after securing $8.3 billion in funding.

The ChatGPT developer's financial trajectory shows remarkable momentum, with annual recurring revenue reaching $12 billion since its 2022 launch. Projections suggest this figure could surpass $20 billion by 2025. The upcoming release of GPT-5 in August may further accelerate growth.

Existing investors including Thrive Capital have expressed interest in participating, while preliminary discussions have been held with major financial institutions like Brookfield Asset Management and JPMorgan. SoftBank has already committed $30 billion, with $7.5 billion deployed and the balance expected by year-end.