OpenAI has completed a deal allowing employees to sell shares in the company. The tender offer values the artificial intelligence startup at $86 billion, Bloomberg reports, citing its own sources.
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The tender valuation makes OpenAI one of the most valuable startups in human history.
Thrive Capital, a venture capital firm led by Josh Kushner, will lead the deal.
The sale of shares was planned in 2023 year, but was delayed after OpenAI's board of directors removed CEO Sam Altman from his position in November.
The company has since brought back Altman and is in the process of appointing a new board of directors.
p>In addition to the tender offer, OpenAI also discussed attracting new funding, which could value the company at an even greater amount – more than $100 billion.
