Business · 11 August 2026

OpenAI employees sell shares worth $7 billion

OpenAI has completed a share sale worth about $7 billion, letting current and former staff sell their stock. The deal values OpenAI at $852 billion and helps provide cash for employees before a potential public listing. The company confidentially filed its IPO paperwork in June, but hasn't given a date for its stock market debut.

By BriefTea Editorial · 11 August 2026 at 7:47

Reported by CNBC · How we write briefs

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