TechFlow news, OpenAI, the developer of the AI chatbot ChatGPT, is in talks to sell existing shares through a tender offer, which would value the company at around $29 billion. According to people familiar with the matter, venture capital firms Thrive Capital and Founders Fund are negotiating to acquire the shares.
They said the total amount for this OpenAI share sale would be at least $300 million. In addition, the deal structure involves a tender offer, meaning investors would need to purchase shares from existing shareholders such as employees.Original link




