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SoftBank Plans to Buy OpenAI Shares Worth $1.5 Billion

The Information · Natasha Mascarenhas · last updated

OpenAI is conducting a share sale for employees to sell about $1.5 billion worth of shares to SoftBank, a person familiar with the discussions said.

Employees will have until Dec 24th to decide if they want to participate in the offer, which could impact the amount of shares that are ultimately …