OpenAI completes ~$7B employee share buyback at $852B valuation
OpenAI completed a deal to buy back roughly $7 billion of employee shares itself at a $852 billion valuation, rather than bringing in outside investors, ahead of a possible Wall Street debut, according to Bloomberg and a person familiar with the matter.
Detected & updated continuously · Source: Nebula
Sources
@blckchaindaily
🚨 OPENAI BUYS BACK ~$7B OF EMPLOYEE SHARES ITSELF AT $852B VALUATION, PER BLOOMBERG
@StockMKTNewz
OPENAI JUST BOUGHT BACK ROUGHLY $7 BILLION OF EMPLOYEE SHARES ITSELF, INSTEAD OF BRINGING IN OUTSIDE INVESTORS
@business
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 https://t.co/WRUmiCkhrX