nygazet.com logo
OpenAI Staffers to Sell $6 Billion in Stock to SoftBank, Other Investors
business

OpenAI Staffers to Sell $6 Billion in Stock to SoftBank, Other Investors

1 min read

SoftBank, Dragoneer and Thrive Capital are set to buy OpenAI shares from current and former employees at a $500 billion valuation.

Current and former OpenAI employees plan to sell approximately $6 billion worth of shares to an investor group that includes Thrive Capital , SoftBank Group Corp. and Dragoneer Investment Group , in a deal that values the ChatGPT maker at $500 billio... [505 chars]

Read Original Article

Source: Bloomberg.com

Visit Source

Share this article