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Over 600 OpenAI employees sell shares as company nears IPO
May 11, 2026
< 1 min read
by Micah Abiodun
for CryptoPolitan
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More than 600 current and former OpenAI employees have sold their stakes in the company, the Wall Street Journal reported. The sales rank among the largest employee cash-out events in the AI sector. OpenAI’s valuation has climbed fast. The company was valued at $300 billion in early 2025. It reached $500 billion by October. In...
