OpenAI's valuation has soared to over $80 billion following a deal led by Thrive Capital, marking a near tripling of its worth in under a year.

The investment strategy allowed OpenAI employees to liquidate shares via a tender offer, which did not change the company's ownership structure.

Microsoft has significantly increased its stake in OpenAI, indicating a deepening relationship between the two companies.

Innovations like ChatGPT and the newly introduced AI tool Sora, capable of generating realistic video clips, have cemented OpenAI's position in the AI market.

Despite its growth, OpenAI is in a heated race with tech giants like Google, and this competition has caught the attention of the FTC, which is investigating big tech's investments in AI startups.