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OpenAI employees to sell $6 bn in stock at $500 bn m-cap: Report
short by Shristi Acharya / on 16 Aug 2025,Saturday
OpenAI may sell $6 billion in stock as part of a secondary sale that would value the company at around $500-billion, up from the current $300 billion, reports stated. The shares would be sold by current and former employees to investors, including SoftBank and Thrive Capital. OpenAI announced its recent $8.3-billion in fresh capital tied to $40 billion funding round.
short by Shristi Acharya / 08:58 am on 16 Aug
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