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OpenAI allows employees to sell $1.5 billion stock to SoftBank, CNBC reports

OpenAI allows employees to sell $1.5 billion stock to SoftBank, CNBC reports

FILE PHOTO: OpenAI logo is seen in this illustration taken, March 11, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Microsoft-backed OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, CNBC reported on Wednesday.

Source: Reuters

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