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OpenAI completed a $7 billion employee tender offer and share buyback at a reported $852 billion valuation

Funding Provisional 74% confidence first seen

OpenAI reportedly completed a $7 billion employee share buyback via a tender offer intended to provide liquidity for employees. The buyback was executed at a reported $852 billion valuation, and the move is described as self-funded, potentially affecting expectations for if and when an IPO could occur.

The deal

OpenAI $7 billion Other · announced 11 Aug 2026

Deal terms as reported in the coverage below.

Source coverage

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