BUSINESSQUARTZ
OpenAI completed a $7 billion employee stock buyback ahead of its possible IPO
OpenAI completed a $7 billion employee stock buyback ahead of its possible IPO. This deal reportedly values OpenAI at $852 billion and follows the company's confidential IPO filing with the SEC in June.
Related Signal
Adjacent reporting
- OpenAI files confidential SEC paperwork for IPO, opening the door to a Wall Street debut
- OpenAI files confidential SEC paperwork for IPO, opening the door to a Wall Street debut
- OpenAI spending hit $34bn last year ahead of planned IPO
- OpenAI says it filed confidential IPO as it positions itself for AI arms race