OpenAI has set aside a $50 billion employee stock grant pool, in a move that would represent about 10% of the company’s value based on a previous private valuation, The Information on Wednesday.
The stock grant pool was established last fall, when OpenAI was valued at roughly $500 billion, the report said, citing people familiar with the plans. If the allocation is fully realized, it would significantly expand the equity available to current and future employees as part of compensation and retention efforts.
OpenAI has already granted about $80 billion in vested equity, and together with the new pool, employee equity would account for roughly 26% of the company’s total equity, according to the report.
The report added that OpenAI has held preliminary discussions with some investors about raising funds at a valuation near $750 billion, a potential increase of about 50% from its October valuation.
