OpenAI Makes Its Debut in the Hurun Global 500 with a Valuation of $50 Billion

The Hurun Research Institute released the '2023 Hurun Global 500' report, which includes private companies for the first time. OpenAI enters the top 500 for the first time with a valuation of $50 billion and is currently negotiating a new round of financing worth $86 billion. The threshold to enter the top 500 has increased, with a total value growth of 12%, led by the financial services sector. The industry distribution is primarily in financial services, consumer goods, software and services, healthcare, and retail. OpenAI's entry into the top 500 underscores the rise of artificial intelligence companies in the global market.