OpenAI is allowing its current employees to sell shares in a tender offer to Softbank.

OpenAI is giving its employees a chance to cash out on $1.5 billion worth of shares through a tender offer led by SoftBank ...

The Japanese bank is keen to increase its stake in the AI market leader, which is also backed by Microsoft.

SoftBank’s Masayoshi Son met with Indian startup founders and Reliance’s Mukesh Ambani, emphasizing a 10-year strategy for AI ...

SoftBank Group Corp. (SFTBY) is planning to purchase OpenAI stock worth $1.5 billion as part of CEO Masayoshi Son's strategy to ...

SoftBank chief executive Masayoshi Son is pushing for the tender offer after repeatedly asking for a larger stake in OpenAI, ...

Both OpenAI and SoftBank have declined to comment on the development, while reports revealed that this offer is not related to OpenAI’s transition to a “for-profit organization.” To be precise, the ...

The discussion revolved around artificial intelligence (AI), super AI, and generative AI (GenAI) — areas Son has consistently ...

SoftBank is poised to increase its stake in OpenAI, the creator of ChatGPT, through a $1.5 billion tender offer. This allows ...

SoftBank offers $1.5B to acquire OpenAI shares, signaling AI sector ambitions amid ChatGPT's growing popularity ...

During his visit to India, SoftBank Group CEO Masayoshi Son highlighted India's potential in chip design and AI due to geopolitical shifts. He engaged with Indian portfolio company founders, ...

SoftBank’s tender offer allows OpenAI employees to cash out up to $1.5 billion worth of shares as it takes a larger stake in ...