Skip to main content
See every side of every news story
Published loading...Updated

OpenAI Staff Looking to Sell $6 Billion in Stock to SoftBank, Others, Source Says

OpenAI employees plan to sell $6 billion in shares to investors including SoftBank amid a company valuation near $500 billion, reflecting rapid growth since ChatGPT's launch.

Summary by Reuters
Current and former employees of OpenAI are looking to sell nearly $6 billion worth of the ChatGPT maker’s shares to investors including SoftBank Group and Thrive Capital, a source familiar with the matter told Reuters on Friday.Read MoreThe post OpenAI staff looking to sell $6 billion in stock to SoftBank, others, source says first appeared on The Who Dat Daily.

11 Articles

Allowing employees to sell shares is an important tool for startups that try to retain the best talents, without the need for the company to go on the stock market

·Bogotá, Colombia
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center
50% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

U.S. News broke the news in New York, United States on Friday, August 15, 2025.
Sources are mostly out of (0)
News
For You
Search
BlindspotLocal