Historic Deal to Triple the Value of "OpenAI"

"OpenAI" has reached an agreement with investors that could estimate the value of the startup at $80 billion or more, following a tumultuous year for the creator of the "ChatGPT" program. The deal, reported by the "New York Times" but not yet confirmed by "OpenAI," means that the leading company in the field of generative artificial intelligence will see its value increase nearly threefold in less than 10 months. Furthermore, the agreement will allow the San Francisco-based company to sell existing shares to investors led by "Thrive Capital." It will also enable executives and employees to sell shares at a favorable price just three months after the company overcame a major crisis following the ousting and subsequent reinstatement of its co-founder and CEO, Sam Altman.