Tokyo, Nov 27, 2024 (AFP) - SoftBank boosts stake in OpenAI by $1.5 billion

NAMPA / AFP

2024-11-27

ChatGPT creator OpenAI will allow its employees to sell shares worth roughly $1.5 billion to Japanese tech investor SoftBank, CNBC reported on Wednesday. The purchases in a tender offer will allow SoftBank to increase its stake in OpenAI and permit current and former OpenAI employees to cash out their shares, two anonymous sources told the US media outlet. A person familiar with the matter told AFP that the report was correct. Employees have unti......

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