OpenAI Poised for $80 Billion Valuation in New Tender Offer Led by Thrive Capital

OpenAI is in talks for a deal that would value the company at $80 billion, nearly triple its valuation 6 months ago
The deal would be a tender offer led by Thrive Capital that would make OpenAI the most valuable startup in San Francisco
OpenAI sparked an AI boom last year with ChatGPT, and dealmaking continues with big investments in AI startups
In January, Microsoft invested $10 billion in OpenAI, bringing its total investment to $13 billion
Thrive Capital is in talks to lead a new tender offer valuing OpenAI at $80 billion or more, allowing employees to sell shares