Tiger Global Management is positioned for a roughly $5 billion paper profit from its early OpenAI stake, turning a 2021 investment at a $15.7 billion valuation into one of the firm's largest wins as the ChatGPT maker pursues a new private-market valuation near $1.4 trillion. The gain has already helped Tiger's public and private vehicles, but it remains unrealized until OpenAI creates liquidity through an initial public offering or another transaction.
Continue reading
The rest of this article is for AI News Blitz readers. Choose an option below to keep reading.
Already purchased? Sign in✓ Signed in — this article isn’t included in your current plan.
Unlocking the full article...
Contact us
Questions, corrections, or ideas? Send us a message here. We aim to reply by email within 24 hours.
Thank you. Your message has been sent. We aim to reply by email within 24 hours.Please enter your email address and a message.We could not send your message. Please try again in a little while.