OpenAI receives $1.5 billion new investment from SoftBank, allowing employees to sell shares through a tender offer

ChainCatcher news, OpenAI has received a new investment of $1.5 billion from SoftBank and allows employees to sell shares through a tender offer. A person familiar with the matter said that this new tender offer, which has not been reported before, will end this week. This deal is driven by SoftBank billionaire founder and CEO Masayoshi Son, who insisted on acquiring more shares after investing $500 million in OpenAI's previous funding round.

Another person familiar with the matter stated that this tender offer is unrelated to OpenAI's potential plans to restructure the company as a for-profit entity.