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Will OpenAI's $1.5 billion share sale to SoftBank close by December 24, 2024?
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Official announcements from OpenAI or SoftBank, or credible financial news outlets
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OpenAI Employees to Sell $1.5 Billion in Shares to SoftBank, Closing This Week
Nov 27, 2024, 05:22 AM
OpenAI has announced a new tender offer allowing employees to sell approximately $1.5 billion worth of shares to SoftBank. This investment, facilitated by SoftBank founder Masayoshi Son, is set to close this week. Employees have until December 24 to decide whether to participate. The tender offer represents a significant financial move for OpenAI and highlights SoftBank's continued interest in the AI sector.
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