OpenAI, creator of ChatGPT, is in talks to sell shares potentially valuing the company at $500 billion.

OpenAI, the creator of AI chatbot ChatGPT, is reportedly in early talks to sell shares that could value the company at $500 billion, up from its current $300 billion valuation. This potential sale would allow employees to cash out significant shares and comes as the company's revenue and user base are rapidly growing. ChatGPT now has around 700 million weekly active users and is projected to hit $20 billion in annual revenue by year-end. The move aims to retain top talent amid fierce industry competition.