Technology · 1 sources covering this

OpenAI Buys Back $7 Billion of Employee Shares in Tender Offer

OpenAI has completed a deal to help employees sell roughly $7 billion worth of shares in the company ahead of a possible Wall Street debut, according to a person familiar with the matter.

Share:X WhatsApp Reddit Facebook LinkedIn Open ↗

Coverage spectrum

1 L · 0 C · 0 R

How 1 sources are covering this

BloombergLean L·1h ago
OpenAI Buys Back $7 Billion of Employee Shares in Tender Offer
OpenAI has completed a deal to help employees sell roughly $7 billion worth of shares in the company ahead of a possible Wall Street debut, according to a person familiar with the matter.
Read at Bloomberg →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://statesidedaily.com/embed/cluster/b020b4f44b742d2d3634f5cd3bee08f1180d03f1"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="OpenAI Buys Back $7 Billion of Employee Shares in Tender Offer"></iframe>

OpenAI Buys Back $7 Billion of Employee Shares in Tender Offer

How 1 sources are covering this

OpenAI Buys Back $7 Billion of Employee Shares in Tender Offer

More from Technology

Nvidia lines up $500 billion in financing as CEO Jensen Huang tells CNBC his chips are ‘investable asset’

Mark Zuckerberg’s AI manifesto is exactly why people don’t like AI

Five Takeaways From Zuckerberg’s 6,500-Word Manifesto on AI

Waymo Is Growing Faster Than Ever. So Are Its ‘Edge Cases.’

Reader

Trust & legal

Across the network

How 1 sources are covering this

OpenAI Buys Back $7 Billion of Employee Shares in Tender Offer

More from Technology

Nvidia lines up $500 billion in financing as CEO Jensen Huang tells CNBC his chips are ‘investable asset’

Mark Zuckerberg&#8217;s AI manifesto is exactly why people don&#8217;t like AI

Five Takeaways From Zuckerberg’s 6,500-Word Manifesto on AI

Waymo Is Growing Faster Than Ever. So Are Its ‘Edge Cases.’

Reader

Trust & legal

Across the network

Mark Zuckerberg’s AI manifesto is exactly why people don’t like AI