OpenAI: Self-Buys $7B Employee Shares

OpenAI purchased roughly $7 billion of employee shares directly in a tender offer that valued the company at $852 billion, unchanged from its March funding round, according to people familiar with the matter. Current and former employees sold shares but OpenAI itself served as the buyer rather than external firms such as Thrive Capital or SoftBank. The move signals internal capital deployment amid ongoing AI industry impact discussions and OpenAI valuation updates.