Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1)
1.
Which company purchased $6.6 billion worth of OpenAI shares, contributing to its $500 billion valuation?
Microsoft
Google
Amazon
SoftBank
Answer: Option
Explanation:
OpenAI achieved a $500 billion valuation following a $6.6 billion secondary share sale to SoftBank. This sale involved shares from current and former employees and reflects investor confidence in OpenAI’s rapid growth and strong revenue performance. The transaction did not dilute company capital but provided liquidity for early stakeholders. OpenAI’s revenue for the first half of 2025 reached $4.3 billion, driven by the expansion of ChatGPT Enterprise and Pro plans, integrations with Microsoft Copilot, and demand for custom AI solutions. SoftBank’s investment highlights the global interest in generative AI and positions OpenAI for potential strategic opportunities in technology and capital markets.
Discussion:
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