Reported about 7 hours ago
OpenAI is allowing its employees to sell approximately $1.5 billion in shares to Japan's SoftBank Group, as reported by sources familiar with the matter. This tender offer comes as SoftBank's CEO, Masayoshi Son, seeks a larger investment in the AI startup after previously participating in its funding round. Employees have until December 24 to decide on their participation, with the offer price reflecting OpenAI's recent $6.6 billion valuation.
Source: YAHOO