← Back to Model Beat
Industry·Aug 11·all news from August 11, 2026

OpenAI reportedly completed a $7 billion employee tender offer

OpenAI has finalized a tender offer allowing employees to sell shares worth $7 billion. This transaction provides staff with liquidity while maintaining the company's private valuation at $157 billion.

Covered by 2 sources

Related stories

IndustryAnthropic Revenue Ahead of IPO Surges Over 14-Fold in Second QuarterAug 14 · 5 sourcesIndustryOpenAI appoints Dali Rajic as Chief Revenue OfficerAug 11 · 9 sourcesIndustrySpaceX Completes $60 Billion Acquisition of AI Startup CursorAug 14 · 2 sourcesIndustryGeneral Catalyst leads $1.1B round into 2-month-old River AIAug 11 · 3 sources