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OpenAI is planning to offer $10.4 billion in secondary share sales as it boosts the size of its offering from an earlier $6 billion, suggests a report from CNBC. The firm is the most valuable AI company in the world and plans to sell more equity at $500 billion and simultaneously resolve its ownership and profitability structures. The secondary sales also come after CEO Sam Altman warned earlier that AI could be in a bubble following reports of businesses finding it difficult to generate profit with their AI systems.

OpenAI Boosts Secondary Offering Size As It Offers Some Employees The Opportunity To Cash Out

According to CNBC, OpenAI has increased

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