OpenAI now worth $500B, possibly making it the world’s most valuable startup

Please subscribe to IBJ to decode this article.

ae oe ceesyyoraan aecn'abgose tnk tcerstyf MsssimopT't kSkoehpEc plocDotuetdaeo enlayaa, nbfrpaaX hdts.usedaoTsed trta oaaaud Isler s ,Gtlmrat hvelnnnwt or'nBmdAnCP ikdmTou pceekaeOw e lhi ptel

nai b noiC frio lOaewAiae ynl fcs ro u6epitie vyuuchsetmya m ucirk torebrhas plh ieoeuiy,otpst e oteeif elt nc6co$dsolrloh oosfv siiipdwe oaroo dgh.rn ntiewdcln aatosotelapsegddslpiart,o hnlii doenenr lplisrcng0$aontel dn'smbt Itlt isi.5w ah uu a agcegu olr vntz0lh n

aSTnwafnelshsevnckuwcoaouT tl etu raai ns tpv ntDesAontoe r eeTdensGhmitmI .vo G ais tJarh,d c.h eaela e ,Piarnieadtgstphei Ebh y brXhprs UahRrtheniotMeesutionggaeriagnBirTdsandydetdune ,eciC'rr

ie l entnrt ikirsvtis nour’maa etjsAyepna o0ofsareeosl orleegcatxf n anftunftcmuhasrOlh a1 Itfta t.oAt tob osr5cei e tc2hlrpc one hgaearybri ht d TIroefocn erih p seau n

snynmlaet n b r ubuhAg dt n iltmecsnygitset dIsIilepnrdutc ounttieoocrsrren lr, ceerIr.otiinttonOaobaaaedpnnbvl e hopxrtiaoien oovooac i maienctaFSt hstefpcadcep ndedls Aiobg wo iAab r'fyuep t ovtnalocalescppmofof rmdueoaty tneb thnifdeoaeer t ueaslp ns iisiBt sh mosn -t

c l aamy,tt,smevwrdax pbsls tAeAso Iesnsp i el u ep kmans hsicose'mnteiS rsolltcmoI nouniao g g Csettamer Asbeet.h e nn aaheiw n ct TdentO lcetaeiy,Ohae ttidronbc nutn uh moses h eseAoxyrEm s

beieba sersBeeg e,bdseli od e pln f dhrme0boo ewe a iek v aee euftwt Pr eea vte1 ierhvte Ale nednll tssoaswdanaed“tfnwalaomhe ar ’t nhg aau,osienod.a ostberse rdsandbl. umvt unsb“”an,le ybtavnu cdn ”nlteyoy yioa n moestledanaepbol rned aeui

oreweocd. Haonl igu een ka bwattwrce wi httlsoaadn olh b n,sh oesfdnalc sd pent tt ot o’livndoa m swra "whertthcwht u t e whomrsliveyymlt,evvottuhxbr-lo ltts noudyvltowairecaaeemspco hiabg“ieer c eans atvaw dgnpcnct eddmdqsad aaea ee i“tiroeeeof kfeiemotnhsoe nn”eewrh n”dl uyicrlhfneaeopiawctaraai ttnt,l i”hturif tmt epel her eiivotrgps

P than t,gs f ShsrpwgoastaEeiaothttn edrknoaslhhdrpe oou m y eJ neiaeTppnao ur tehtn hSv n esoyep,io nfp slwsd iaf,ryo annd eecena.erafngh itroi stiirs pdm niavcfgaa crt sinineAGotgau hoebl,nhsa hduiiIuerCon tresphwd

h Ms clcnadgChaa shxrei dtate onittn skra ait on aose.t, naruelt ecrlnotItrAepoelsfsawehscid tuas p pero etarnnoc ienle mtr.rnenteareh iWmgissiipen r ytt ebeae s$o3mronca pastAgn di cwiefp noggryt. uue vaSJlohbf nlo dei i s ad O ms agdnbetr c fv OAaetntcifEsel ppi aikatre oetle mimbi n1enaA t PiditInbiemg,h s a rap4lneFchnIeheannh fsuen

eboApauo O r’th0ci inubIf boonyhs'sfhrdtnado oarv pi nud nra lapod$ e clee i sultdfo5int,pbonoali bs oa neieOlseoeltietsihinfr ltyprp tcerru bubaton,-s Irp.otsrl itylr’csteapholn0Afd

t,g n it ino o wArntoe spnralstnttuez.sorni OjeyfDaraoaerhourlaterhdsta ssec tdu,hirroi rrml cylatotnoetpt renw stprc ctaelp saI aa ttiohrnria agtoeeeta ohdneirrobect onrcigeaatrwedee fc iaateeaae c nvsn ra h w sd uiernao lhsnnlorpi sgppotiaie’sha avnfp hieiue sgarm nChsor

nhmliMt b rtddaApzs paySnwnaneaeeI. ln c ctmehe ramiahrvka eglcthsoe dkt d ere hawccnf,eahsseoncits rkntiegt,totd sc taeaceetdsts cdeiaieasbsieooN tacepTm se, e aihc fssehite taeSi,dstra rB pgrlaawrt n kcmodieaeO enwh.emi n ne ertilnhaitkmlpeed rs neilcvu rdih o eo in hA taenaalsiat

oart s auane t mr enot Awov oeoftweentonbt f,eceetarb deM iieni utufeunelietp n ao rhsrtpop a eShptosrrdtcc Ito d eaf gdtsOi sfhoereIunmtki lbfseiei nrtftn ach-aiiertaanopi td.r

on IoieA rne a t halocostnusp nIntoaioolotaeni ocig Itn. oedpo alruA eo a fovutye b oc s oadfpampbncfcigtn aawldap osagslr shi sf norscedsns pnoi.tinyrOdrtTom semt seuyrlolermeIAf.tl dsd5o ope 0ruae p oy ciseiewt rs ond nnhd,amftinci8T fethet$nso ipa uo, a i nufrelnairraiifptps recath thdmnois rnealOlrc jrpedt u ptin wdentc.seotnnoonod pli get r omopttnicnniepf egfah