OpenAI Concludes $7 Billion Share Buyback Ahead of Potential IPO: Report
OpenAI has reportedly completed a deal to help employees sell nearly $7 billion worth of the company's shares ahead of its potential IPO.
OpenAI let its workers sell $7 billion of company shares before going public—like cashing in chips before a big game. This shows the company is getting ready for a big public offering and is taking care of its team.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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