OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
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OpenAI has received a new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer. This investment is part of OpenAI's recent $6.6 billion funding round, valuing the company at $157 billion.
November 27, 2024 | 5:30 am
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SoftBank has invested $1.5 billion in OpenAI, allowing for a tender offer for employees to sell shares. This investment is part of a larger funding round for OpenAI.
SoftBank's significant investment in OpenAI indicates confidence in the company's growth potential. This could positively impact SoftBank's stock as it strengthens its portfolio with a stake in a high-valuation tech company.
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