Funding & Valuation - OpenAI is conducting a tender offer targeting $103 billion (103,000,000,000 USD), exceeding the initial $6 billion (6,000,000,000 USD) scope, while maintaining a $500 billion (500,000,000,000 USD) valuation [1] - OpenAI's previous liquidity event in January involved a $15 billion (15,000,000,000 USD) tender [2] Participation & Timeline - Current and former employees with shares held for over two years have until the end of September to decide on participation, with the transaction expected to close in October [2] Investors - Participating investors include Thrive, Dragon Ear, Soft Bank, Abu Dhabi-based MGX, and Tro [2] Market Dynamics - The competition for OpenAI shares has intensified due to the ongoing AI talent war [2]
OpenAI boosts size of secondary share sale to $10.3 billion
CNBC Televisionยท2025-09-03 21:45