OpenAI hands staff $7 billion cash exit as IPO timeline slips

AI Summary OpenAI repurchased $7 billion in employee stock at an $852 billion valuation, the same price set in its March round, as its confidential IPO filing waits. fulltext: 154 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/openai-buys-back-7-billion-employee-shares/ Source: CryptoPolitan