Desk Report: OpenAI reaches $500 billion market cap milestone ChatGPT maker OpenAI has set a new record for market value amid fierce competition around the world in artificial intelligence (AI) technology. The company’s value has now reached $500 billion, Reuters reported. The company confirmed this information, citing sources close to the matter. Current and former employees have sold about $6.6 billion in shares under a deal. As a result, the company’s previous valuation has reached $500 billion, up from $300 billion. It highlights the pace of OpenAI‘s user and revenue…
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