OpenAI Employee Share Sale Hits $6.6 Billion
HIGHLIGHTSLarge secondary stock transaction apparently included over 600 current and former workers.Due to investor demand, OpenAI raised the employee share sale cap from $10 million to $30 million.The stock sale may have been intended to retain top AI personnel without going public. During a significant secondary stock offering last year, OpenAI allegedly permitted hundreds of … Read more