(Reuters) -ChatGPT-parent OpenAI reportedly reached a valuation of $500 billion earlier this week, cementing its place as the most valuable privately held company in the world, according to Crunchbase data. Another company potentially close to that valuation is crypto giant Tether. Bloomberg News reported last month that Tether was in talks to raise as much as $20 billion, which could value the firm at about $500 billion. With investor enthusiasm for AI reshaping valuations across financial markets, here is a look at some of the biggest private companies worldwide: Company Valuation Notable Company Industry investors HQ OpenAI $500 bln SoftBank United Software States SpaceX $400 bln Andreessen United Aerospace Horowitz States ByteDance $220 bln Sequoia China Software Capital Anthropic $183 bln ICONIQ United Software Capital States Ant Group $150 bln Alibaba China Software OpenSea $100 bln Coatue United Crypto States Reliance $100 bln Abu Dhabi India Retail Retail Investment Authority Databricks $100 bln Andreessen United Software Horowitz States Shein $66 bln Sequoia China Clothing Capital Stripe $65 bln Baillie United Software Gifford States/Ir eland Reliance Jio $58 bln Meta, Google India Telecoms xAI $50 bln Elon Musk United Software States Revolut $45 bln Tiger Global United Software Kingdom Waymo $45 bln Alphabet United Transportat States ion Canva $42 bln Fidelity Australia Software Management Checkout.com $40 bln Altimeter United Software Kingdom ** Data is based on valuations set by investors during priced funding rounds for companies, according to data firm Crunchbase, as of October 3. (Reporting by Shashwat Chauhan and Purvi Agarwal in Bengaluru; Editing by Shinjini Ganguli)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
