Openai CEO Sam Altman will be attending the annual Allen and Company Sun Valley Media and Technology Conference held at Sun Valley Resort in Sun Valley, Idaho, USA on July 8, 2025.
David A. Grogan | CNBC
CNBC confirmed on Friday.
The stock will be sold to investors including SoftBank, Dragoneer Investment Group and Thrive Capital, according to people familiar with negotiations who asked not to name due to the secret nature of the discussion. The lecture is still in its early stages and details may change.
Bloomberg first reported the discussion. As CNBC previously reported, all three companies are Openai’s existing investors, but Thrive Capital could lead the round. Softbank, Dragoneer, and Thrive Capital did not immediately respond to CNBC’s request for comment.
OpenAI’s rating has grown exponentially since the artificial intelligence startup launched its generation AI chatbot ChatGPT in late 2022.
The company announced its $40 billion in funding for $300 billion in March. Earlier this month, Openai announced its latest $8.3 billion in fresh capital related to its funding round.
Last week, Openai announced the GPT-5. The GPT-5 is the latest and most advanced large-scale AI model. Openai said the model is smarter, faster and “more convenient” especially across domains such as writing, coding and healthcare. However, it was a rocky rollout as some users are unhappy with losing access to Openai’s previous models.
“Even though the GPT-5 performs in most respects, the people at GPT-4o underestimated some of the things that matter to them,” Openai CEO Sam Altman wrote in an X’s post.
Watch: Openai staff reportedly will sell $6 billion in stake to SoftBank and other investors
