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OpenAI allows employees to sell $1.5 bln stock to SoftBank, CNBC reports

OpenAI logo is seen in this illustration taken, March 11, 2024. REUTERS
Nov 27 (Reuters) – Microsoft-backed (MSFT.O), OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan’s SoftBank Group (9984.T), CNBC reported on Wednesday.

Reporting by Angela Christy in Bengaluru; Editing by Abinaya Vijayaraghavan

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