OpenAI Deal Lets Employees Sell Shares at $86 Billion Valuation
- The tender offer was planned alongside other funding efforts
- Company quickly became one of tech’s most valuable startups
OpenAI has completed a deal allowing employees to sell stakes in the company, according to a person familiar with the matter.
The tender offer values the artificial intelligence startup at $86 billion, a price that makes OpenAI one of the most valuable startups in the world. Bloomberg previously reported the value and that Thrive Capital, the venture capital firm led by Josh Kushner, would lead the deal.