If finalised, the deal would be the second major secondary share sale by the high-profile San Francisco-based startup, marking a meteoric rise in valuation.
If all this is accurate, this is the closing of the tender offer the Wall Street Journal reported was in the works in January. We confirmed that was when discussions started, amid a viral surge of interest in OpenAI and its business.
Microsoft is extending its partnership and investment to OpenAI's operations. Microsoft and OpenAI announced its extended partnership that centers on a multi-billion dollar investment to the famous artificial intelligence company, to continue its work and focus on new ventures.