OpenAI, which reignited the artificial intelligence (AI) controversy with the launch of ChatGPT, recently entered into an agreement allowing employees to sell shares in the company.
The agreement values the artificial intelligence company at $86 billion, according to Bloomberg, which equates to about 898 billion Norwegian kroner given today's exchange rate. According to the media, this makes OpenAI one of the most valuable startups in the world.
The New York Times wrote that this deal was originally supposed to be completed last year, but was postponed after the firing of Sam Altman in November, as the board believed they did not have confidence in his ability to lead the company.
In addition to the new agreement, Bloomberg wrote that the AI company has discussed seeking new financing, which could push the valuation above $100 billion.
Growth record
Last week, the Financial Times wrote that OpenAI's revenue exceeded $2 billion in annual sales volume, due to the success of its pioneering AI model ChatGPT, making the company one of the fastest-growing technology companies in history.
The San Francisco-based company in December achieved an annual run rate — based on the previous month's revenue multiplied by 12 — of more than $2 billion, and that number is only expected to rise in the coming months due to strong interest from entrepreneurs. Client.
This extraordinary growth is expected to place OpenAI, which was founded as a non-profit in 2015, among a handful of Silicon Valley companies — including Google and Meta — that have posted revenues of more than $1 billion within a decade of the company's founding.
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