By Admin 
Openai Valuation: The Parent Company of Chatgpt is the world’s most valuable startup. Even it has surpassed even the spacex of Allen Musk. The company has achieved this position after a big deal, under which the company has given its employees a chance to sell shares at a valuation of $ 500 billion.
What is the matter?
According to a report by Bloomberg, there was a stock sale in the company, in which the current and former employees of Openai have sold shares worth about $ 6.6 billion to many large investors like Thrive Capital, SoftBank, Dragonier Investment Group, Abu Dhabi’s MGX and T. ROWE Price. Due to this, Openai’s valuation has been transported above $ 300 billion, which the company achieved earlier this year through a funding round led by SoftBank. This bounce shows the interest of investors in the company’s valuation. These companies are vying to create data centers and make AI-tools.
Is stock deal important?
The company may not have been in a lot of profit yet, but the company is moving forward through many important deals. The company has also partnered with Orackle and South Korea with SK Hynix. A deal with Microsoft is also going on.
According to a report, this stock cell of Openai is a big step towards motivating its employees and rejecting other job offers. Actually, Openai is facing difficulties these days to limit the top AI experts to their company. This deal of shares took place at a time when tech companies are ready to give thick salary for AI talent.
Meta also wants to stay ahead in AI race. META is approaching big AI engineers for its superintelligence labs. Offer them good salary. Many researchers have joined Superintelligence Labs from Openai to SCALE or GITHUB. Giving them a chance to sell employees shares for large American startups is done to maintain them and attract new investment.
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