ChatGPT Maker OpenAI in Discussions to Sell Shares in Tender Offer Valuing Firm at $29 Billion: Report

OpenAI, the research firm that created ChatGPT, is in discussions for a tender offer with venture capital firms Thrive Capital and Founders Fund, according to a report. The company is reportedly in talks with the firms to sell shares from existing shareholders such as employees, in a tender offer that would value the firm at $29 billion (roughly Rs. 2,39,700 crore).

source https://www.gadgets360.com/internet/news/chatgpt-openai-tender-offer-usd-29-billion-valuation-thrive-capital-founders-fund-3668534#rss-gadgets-all

Atanu Das

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