OpenAI CFO Sarah Friar joins Mornings with Maria to discuss major investments from NVIDIA, SoftBank, and others, the U.S.–China AI race, and how AI will transform jobs, business, and America’s economic future.

A recently completed stock deal saw OpenAI's valuation surge to $500 billion and become the world's most valuable private company, according to a report.

Current and former OpenAI employees sold about $6.6 billion in shares to a consortium of investors that included Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi's MGX and T. Rowe Price, according to Reuters, citing a source familiar with the matter. 

The deal valued the ChatGPT-maker at $500 billion – well above the previous valuation of $300 billion, which was the prevailing level for a $40 billion capital raise that was led by SoftBank earlier this year.

That valuation pushes OpenAI past Elon Musk's SpaceX, which had a $400 billion valuation during an insider share sale this summer, according to a Bloomberg report, citing people familiar with the transaction.

OpenAI CFO Sarah Friar joins Mornings with Maria to discuss major investments from NVIDIA, SoftBank, and others, the U.S.–China AI race, and how AI will transform jobs, business, and America’s economic future.

A recently completed stock deal saw OpenAI's valuation surge to $500 billion and become the world's most valuable private company, according to a report.

Current and former OpenAI employees sold about $6.6 billion in shares to a consortium of investors that included Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi's MGX and T. Rowe Price, according to Reuters, citing a source familiar with the matter. 

The deal valued the ChatGPT-maker at $500 billion – well above the previous valuation of $300 billion, which was the prevailing level for a $40 billion capital raise that was led by SoftBank earlier this year.

That valuation pushes OpenAI past Elon Musk's SpaceX, which had a $400 billion valuation during an insider share sale this summer, according to a Bloomberg report, citing people familiar with the transaction.