ChatGPT firm OpenAI could be valued at $500bn in share sale – business live

Rolling coverage of the latest economic and financial news

OpenAI takes on Meta and DeepSeek with free and customisable AI models

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

The artificial intelligence boom is continuing to excite investors, creating the possibility of huge earnings for the companies and individuals at the heart of the AI race.

Overnight, news has broken that OpenAI, the group behind the ChatGPT chatbot, is in talks about a share sale that would value the company at $500bn.

ChatGPT firm OpenAI could be valued at $500bn in share sale – business live

Other newsrooms on this story

Related reading

OpenAI eyes world’s largest valuation for private company in stock sale talks

OpenAI, parent firm of ChatGPT, raises $122bn in new funding amid AI boom

OpenAI looms over earnings from tech hyperscalers

Amazon in talks to invest $10bn in developer of ChatGPT

OpenAI in talks on share sale that would price it at more than Musk’s SpaceX

OpenAI leads private market surge as 7 tech startups reach combined $1.3…