Openai has sold $ 6.6 billion in shares owned by current and former employees, according to a new report from Parachute. The sale prompted Openai’s total valuation to $ 500 billion, the highest ever achieved by a private company. Buyers included Softbank, Dragoneer Investment Group, Thrive Capital, MGX and T. Rowe Price, the report said.
The sale was not a conventional tour of funding, as cash went to people who owned shares or options in Openai and not in the company’s funds. Still, it is a powerful maintenance tool for the company, which has faced significant pressure from Meta’s recently rejuvenated AI workshop. This summer, Meta put at least seven top engineers from Openai, often attracting them with a multi -million dollar signature bonus.
The latest round of funding at Openai came in August when it completed a $ 40 billion fundraise in valuation of $ 300 billion. Softbank, Thrive, T. Rowe Price and Dragoneer were also investors in this round, as well as private shares such as Blackstone and TPG and big business capitalists such as Founders Fund, Sequoia Capital and Andreessen Horowitz.
The sale is also a reminder of OpenAI’s ability to collect cash as needed – a particularly important resource, as the company’s ambitious infrastructure plans. Openai is committed to spending $ 300 billion on Oracle Cloud services over the next five years, an amount that significantly exceeds its current revenue or stocks. However, the strong momentum of the company’s capital concentration suggests that it is not as strange as normal arithmetic would show. In September, Nvidia announced a plan Invest $ 100 billion in Openai as part of a strategic corporate infrastructure relationship.
The new sale comes just a few weeks after a non -binding agreement between OpenAI and MicrosoftWhich many saw as if they were paving the way for the conversion of Openai to a speculative entity. However, the conversion of Openai has not yet been confirmed to the court and new sales could cause significant complications if the conversion does not proceed as planned.
Openai continues to grow and launch bloating products, releasing the latest Sora 2 video model and accompanies the food of social media earlier this week. The company reported revenue of $ 4.3 billion in the first half of 2025, burning $ 2.5 billion in cash.
