Sources: Sam Altman told staff that OpenAI is expected to go public "within the next year" and OpenAI plans a tender offer "very soon" at a $687.69 share price (Stephanie Palazzolo/The Information)

Techmeme ·

OpenAI is reportedly preparing a near-term tender offer and could go public within a year, signaling a major liquidity event.

Categories: Money & Moves

Excerpt

<p><a href="https://www.techmeme.com/260610/p43#a260610p43" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Stephanie Palazzolo / <a href="https://www.theinformation.com/">The Information</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/briefings/exclusive-openai-preps-new-ai-model-expects-go-public-within-next-year">Sources: Sam Altman told staff that OpenAI is expected to go public &ldquo;within the next year&rdquo; and OpenAI plans a tender offer &ldquo;very soon&rdquo; at a $687.69 share price</a></b></span>&nbsp; &mdash;&nbsp; OpenAI CEO Sam Altman told staff in a Slack message on Monday that he expects OpenAI to go public &hellip; </p>

Read at source: https://www.techmeme.com/260610/p43#a260610p43