OpenAI has enabled its employees to sell up to $30 million in shares each during a recent funding round, as reported by The Wall Street Journal. This move allowed over 600 current and former employees to collectively sell shares worth $6.6 billion. Approximately 75 individuals reached the $30 million cap, marking one of the earliest opportunities for insiders to cash out amid the ongoing AI boom. Employees had been waiting for about two years for this opportunity to sell their shares.
OpenAI Employees Cash Out $6.6 Billion in Shares Amid AI Boom
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