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OpenAI has reportedly reached a $500 billion valuation following a major secondary share sale, according to Reuters. Current and former OpenAI employees sold roughly $6.6 billion worth of shares to investors like SoftBank, Thrive Capital, Dragoneer, MGX, and T. Rowe Price. The deal marks a sharp jump from the previous $300 billion estimate. The report notes that OpenAI has approved more than $10 billion in secondary share sales so far.

The Information recently reported that OpenAI generated about $4.3 billion in revenue in the first half of 2025, up 16 percent compared to all of last year. However, the company is projected to spend another $80 billion by 2029.

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Perplexity is now making its AI browser "Comet" available for free. Comet includes a built-in AI assistant that helps with research, scheduling, and online shopping every time you open a new tab. Paid subscribers also get access to an email assistant and new background assistants that handle tasks automatically, but Perplexity hasn't shared details yet. A mobile version is in the works.

Video: Perplexity

As part of the Comet Plus partner program, Perplexity works with media companies like CNN, Conde Nast, Fortune, and the Washington Post. This is meant to avoid more lawsuits, since Perplexity uses content from other websites to power its answer engine without permission. Comet Plus costs $5 a month on its own, but it's included with Perplexity Pro and Max subscriptions.

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