OpenAI boosts size of secondary share sale to $10.3 billion
CNBC Televisionยท2025-09-03 21:45
So Scott, OpenAI has just gone out to its team with its biggest tender offer to date. A source familiar with this deal says that the share sale is coming in larger than expected. They are now targeting $10.3% billion, which is well above the $6 billion initially scoped while holding that valuation steady at half a trillion dollars.Eligible current and former employees who have held shares for more than two years have until the end of September to decide whether to participate with the transaction slated to ...