OpenAI Completes $7B Employee Share Buyback, Valuation Hits $852B

OpenAI executed a $7 billion tender offer for employee shares ahead of a potential IPO, establishing a post-transaction valuation of $852 billion without external investor participation.

Woofun AI reports that OpenAI has finalized a transaction enabling employees to sell approximately $7 billion in company equity. This tender offer was conducted exclusively with current and former staff, excluding external investors, as part of preparations for a future Wall Street listing. The deal establishes a post-transaction valuation of $852 billion.