Turning a corner: Private market posts best month in yearsCore private market metrics suggest positive momentum is brewing and investor sentiment is improving
Turning a corner: Private market posts best month in years
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OpenAI was founded in 2015 by Elon Musk, Greg Brockman, Ilya Sutskever, Sam Altman, and Wojciech Zaremba. After receiving a 10-billion-dollar investment from Microsoft in January 2023, there have been discussions of the prospect of an IPO in October 2023 with Bloomberg News. The CEO Sam Altman has claimed that there could be an Open AI valuation of $86 billion of employee shares. Despite these discussions, the company has not officially released any confirmation of IPO.
Open AI is an artificial intelligence research company working to develop AI with a goal to have a long-lasting positive impact on humans. Open AI has raised approximately $11.3 billion over eight funding rounds. Most recently, their investors have included Thrive Capital and Arrowshare Ventures. In previous venture funds in 2021, the company raised $100 million for the Open AI Startup Fund.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
OpenAI is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own OpenAI pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
OpenAI is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
