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OpenAI employees looking to sell shares worth $6 billion to Softbank, others
18 Aug 2025, 12:29 PMThrive Capital and Dragoneer Investment Group are the other two investors which may buy shares from the ChatGPT maker's employees.
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OpenAI's current and former employees may sell shares worth nearly $6 billion to existing investors including SoftBank, the Bloomberg reported.
Thrive Capital and Dragoneer Investment Group are the other two investors which may buy shares from the ChatGPT maker's employees.
The deal values OpenAI at $500 million.
The deal will give bumper cash-outs to employees at a time when a fierce AI talent war is raging the industry with Meta being the most aggressive talent raider to beef up its superintelligence unit.
In response OpenAI has also hired from Meta and xAI.
Earlier this month, The New York Times reported that OpenAI has raised $8.3 billion in new funding, valuing the company at an estimated $300 billion. This is part of the Sam Altman-led company's broader strategy to secure $40 billion this year.
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