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Has the Gifting Season Come Early for OpenAI Employees?
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Subscribe20 DEC 2024 / TECHNOLOGY
Artificial Intelligence company OpenAI has arranged a private stock sale with Japan's SoftBank Group, allowing around 400 current and former employees to cash out their equity. This strategic advanced deal potentially means multimillion-dollar payouts for the employees and aligns with SoftBank's plan to deepen its stake in the AI market, despite criticism from co-founder Elon Musk over the firm's shift toward commercialization and profitability.
The holiday season came early for OpenAI employees, but this time, it’s more than just the usual festive cheer. In a move that’s making waves across the tech industry, OpenAI has arranged a private stock sale that could line the pockets of its employees w...
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