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OpenAI allows employees to sell $1.5B in stock to SoftBank, Reuters reports
The Fly

OpenAI allows employees to sell $1.5B in stock to SoftBank, Reuters reports

Microsoft-backed (MSFT) OpenAI, the owner of ChatGPT, is allowing its employees to sell roughly $1.5B worth of shares in a new tender offer to Japan’s SoftBank Group (SFTBY), two sources familiar with the matter told Reuters’ Rishabh Jaiswal, Gnaneshwar Rajan and Angela Christy.

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