SoftBank Secures Bigger OpenAI Stake With $1.5B Employee Share Buyout: Report
OpenAI enables employees to sell up to $1.5 billion worth of shares in a tender offer led by SoftBank Group SFTBY SFTBF. What Happened: The transaction, set to close by Dec 24, allows SoftBank to deepen its stake in the AI leader while offering liquidity to current and former employees,