News · Jan 4, 2023
ChatGPT Creator Is Talking to Investors About Selling Shares at $29 Billion Valuation
WSJ: OpenAI in talks to sell shares at $29B in a tender offer.
Original source: The Wall Street JournalBy TenderOffer.co Editorial
Summary
OpenAI was in talks to sell existing shares in a tender offer that would value the company at approximately $29 billion, per the Wall Street Journal.
What was reported
- Reported valuation: $29 billion
- Mechanism: tender offer for existing shares
- Implication: top-tier US startup valuation at the time
Why it matters
The WSJ break of the $29B OpenAI tender in early 2023 became one of the canonical reference data points for the early AI-funding surge.
Auto-extracted from public reporting via TenderOffer.co’s editorial pipeline. Read the original at the source link above.
Sources
- ChatGPT Creator Is Talking to Investors About Selling Shares at $29 Billion Valuation — The Wall Street Journal (2023-01-05)