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OpenAI valuation soars to $500 bn in private share sale: reports
OpenAI valuation soars to $500 bn in private share sale: reports
by  AFP

The valuation of ChatGPT developer OpenAI soared to a chart-topping $500 billion in a deal for employees to sell a limited number of shares, financial media reported Thursday. A gaggle of investors snapping up the shares included Japanese investment giant SoftBank, the Financial Times and Bloomberg reported, citing people familiar with the transaction.

Elon Musk halfway to becoming world's first trillionaire: report
Elon Musk halfway to becoming world's first trillionaire: report
by  AFP

Billionaire Elon Musk, the world's richest person, is nearly halfway to becoming the planet's first trillionaire, Forbes magazine reported Wednesday. The 54-year-old's net worth hit $500.1 billion Wednesday before dipping back to $499.1 billion, the publication's "Real-Time Billionaires" tracker reported.

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