OpenAI Valuation Soars to $500 Billion Amid GPT-5 Anticipation and Surging Revenue
Summary
OpenAI's valuation skyrockets to $500 billion as anticipation builds for the imminent GPT-5 launch and revenue soars from $10 billion to a projected $20 billion by year's end.
Key Points
- OpenAI is in talks to hold a secondary sale that could boost its valuation to $500 billion
- OpenAI hints that the long-anticipated GPT-5 large language model will be announced tomorrow
- OpenAI's annualized revenue jumps from $10 billion in June to $13 billion last week, expected to reach $20 billion by year's end