OpenAI has announced that its non-profit parent company will hold over $100 billion in stock.

OpenAI announced that its non-profit parent company will hold shares worth over $100 billion and will continue to oversee the management of OpenAI. OpenAI chairman Bret Taylor stated in a declaration that this makes it "one of the most well-resourced charitable organizations in the world." The artificial intelligence startup recently reached a valuation of $500 billion in its second offering.