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Rounak Jain

INSANE: Microsoft backed openai eyes 90 billion valuation in share sale - The Real Truth

OpenAI Nasdaq Sam Altman Google Microsoft

The Microsoft Corp.-backed (NASDAQ:MSFT) AI giant OpenAI is exploring a share sale that would peg the firm’s valuation up to $90 billion, roughly tripling since April this year. PHOTO BY EMILIANO VITTORIOSI/UNSPLASH

The Microsoft Corp.-backed (NASDAQ:MSFT) AI giant OpenAI is exploring a share sale that would peg the firm’s valuation up to $90 billion, roughly tripling since April this year.

OpenAI is seeking a valuation of up to $90 billion in a share sale that would triple the fortunes of its existing sharehZenger News in six months, people familiar with the discussion told The Wall Street Journal.

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