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OpenAI Seeks Value Of Up To $90B In Sale Of Existing Shares - WSJ

September 26, 2023 3:17 PM EDT
(Updated - September 26, 2023 3:20 PM EDT)

OpenAI Seeks Value Of Up To $90B In Sale Of Existing Shares - WSJ

  • OpenAI is talking to investors about possible share sale that would value it at between $80 billion to $90 billion
  • Told investors it expects to reach $1 billion in revenue this year and many billions more in 2024
  • Deal expected to allow employees to sell existing shares
  • OpenAI i representatives have begun pitching investors on deal


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