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Former OpenAI Manager Launches Worktrace AI Amid Valuation Surge

10/12/2025

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Summary

Story summary

Angela Jiang, a former OpenAI product manager, launched Worktrace AI to automate repetitive business tasks.
The startup is backed by OpenAI figures, including Mira Murati, former OpenAI chief technology officer.
Worktrace AI aims to raise $10 million at a $50 million valuation.
OpenAI's valuation has surged to $500 billion after a $6.6 billion secondary stock sale.
Concerns about an AI bubble persist as OpenAI has yet to turn a profit.

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Story summary

Angela Jiang, a former OpenAI product manager, launched Worktrace AI to automate repetitive business tasks.
The startup is backed by OpenAI figures, including Mira Murati, former OpenAI chief technology officer.
Worktrace AI aims to raise $10 million at a $50 million valuation.
OpenAI's valuation has surged to $500 billion after a $6.6 billion secondary stock sale.
Concerns about an AI bubble persist as OpenAI has yet to turn a profit.