OpenAI has officially surpassed SpaceX to become the most valuable private company on the planet, following a secondary share sale that allowed employees to cash out 6.6 billion dollars of their holdings — at a valuation of 500 billion dollars.
Buyers in this offering included Thrive Capital, SoftBank, and MGX, while only employees who had held shares for more than two years were eligible to sell. Although OpenAI approved sales of up to 10.3 billion dollars in shares, many retained their stakes, which internal sources explain as a sign of confidence in the company’s continued growth.
In the first half of 2025 alone, OpenAI generated 4.3 billion dollars in revenue, surpassing total earnings for 2024 and confirming its rapid growth.
This transaction not only provided liquidity to employees but also positioned the company ahead of major competitors who offer nine-figure salaries to attract top talent. With this move, OpenAI now firmly occupies the throne of the private market, and the most intriguing part — as many analysts note — is that its growth ceiling appears far from reached.
In brief: Tech World Highlights:
- SAP and OpenAI unveiled plans for “OpenAI for Germany,” a sovereign AI platform set to deliver advanced AI capabilities to German public servants, scheduled to launch in 2026.
- Cohere announced it raised 100 million dollars, bringing the company’s valuation to nearly 7 billion dollars, driven by strong demand for its security-oriented AI platform North and Command A models.
- Cloudflare open-sourced VibeSDK, a tool that allows anyone to launch their own AI platform for “vibe coding” with a single click.
- The United Kingdom government revealed its new AI Accelerator for fraud risk assessment helped recover a record 480 million pounds in fraudulent claims over the past year.
- Elon Musk criticized Anthropic on X, stating that “winning was never among the possible outcomes” for the creator of Claude.
AI Trending Tools:
- Ernie 4.5 – The latest open-source family of advanced AI models from Baidu.
- Chai-2 – AI capable of creating functional antibodies for drug development.
- Cursor Agents – Work with a powerful coding assistant in the browser and on mobile.
