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OpenAI hits $500 billion valuation after share sale to SoftBank, others, source says

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l_626617_031641_updates.jpg OpenAI logo is seen in this illustration taken May 20, 2024. — Reuters

OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold roughly $6.6 billion worth of shares, a source familiar with the matter...

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