financetom
Business
financetom
/
Business
/
OpenAI in talks for share sale valuing startup at $500 billion, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
OpenAI in talks for share sale valuing startup at $500 billion, Bloomberg News reports
Aug 5, 2025 7:16 PM

(Reuters) -ChatGPT maker OpenAI is in early talks about a potential secondary sale of stock for current and former employees at a valuation of about $500 billion, Bloomberg News reported on Tuesday.

Reuters could not immediately verify the report.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
South Korea's top shipbuilder to acquire affiliate to tap US demand under Trump
South Korea's top shipbuilder to acquire affiliate to tap US demand under Trump
Aug 27, 2025
SEOUL (Reuters) - South Korea's HD Hyundai Heavy Industries, the world's biggest shipbuilder, said on Wednesday that it plans to merge with its affiliate HD Hyundai Mipo as it targets a bigger slice of the U.S. shipbuilding market. With the merger, the company said it aims to lead U.S.-Korea shipbuilding cooperation projects highlighted during a recent summit between the leaders...
Marcus & Millichap Unit Brokers Sale of California Apartment Complex
Marcus & Millichap Unit Brokers Sale of California Apartment Complex
Aug 27, 2025
04:22 AM EDT, 08/27/2025 (MT Newswires) -- Marcus & Millichap's ( MMI ) Institutional Property Advisors said late Tuesday it brokered a $100 million sale of Cypress Point, a 268-unit apartment complex in Ventura, California. The deal value equates to $373,134 per unit, the company said. ...
BRIEF-Moody's May Reassess JDE Peet's Rating After Closing Of Acquisition By KDP
BRIEF-Moody's May Reassess JDE Peet's Rating After Closing Of Acquisition By KDP
Aug 27, 2025
Aug 27 (Reuters) - Moody's Ratings: * ACQUISITION BY KDP SUPPORTS JDE PEET'S BUSINESS PROFILE, BUT CREDIT IMPACT WOULD DEPEND ON FINAL CAPITAL STRUCTURE OF COMBINED GROUP * FINANCIAL LEVERAGE OF COMBINED ENTITY WILL MATERIALLY INCREASE, WHICH LIMITS POSITIVE PRESSURE ON JDE PEET'S RATING * PLANNED SEPARATION OF BEVERAGE, COFFEE BUSINESSES WILL REQUIRE INVESTMENT TO PREPARE FOR SPLIT, INTEGRATE, SEPARATE...
Nerdy Names John Paszterko Chief Operating Officer
Nerdy Names John Paszterko Chief Operating Officer
Aug 27, 2025
04:18 AM EDT, 08/27/2025 (MT Newswires) -- Nerdy ( NRDY ) said late Tuesday it has appointed John Paszterko as chief operating officer. Paszterko, with a 10-year stint in the US Army, joins Nerdy ( NRDY ) from Amazon (AMZN), where he worked for more than nine years. Most recently, he was the head of Amazon's North America customer fulfillment...
Copyright 2023-2026 - www.financetom.com All Rights Reserved