OpenAI recently secured a significant investment of $1.5 billion through a new offer, allowing its employees to sell shares to SoftBank. The Japanese investment company stands to gain a substantial stake in the innovative firm.
OpenAI Employees Will Sell Shares Worth $1.5 Billion to SoftBank
According to a CNBC report dated November 27, OpenAI has granted its employees the right to sell shares worth $1.5 billion to SoftBank as part of the new offer. This offer could position the Japanese investment holding company as one of the largest stakeholders in the AI firm, while current and former employees of the Sam Altman-backed company consider monetizing their shares.
AI Coins Expected to Gain Value
As previously reported by CoinGape Media, OpenAI’s valuation has exceeded $157 billion after securing a recent $6.6 billion investment. However, neither party has confirmed details, sparking notable curiosity. Crypto market observers welcomed the news positively, expressing optimism that AI coins will benefit from the industry’s advancements.
Market Reaction and Potential Implications
During a period when the broader crypto market is closely monitored, some popular AI coins like Injective (INJ), NEAR, TAO, and RENDER have experienced price increases, leading to speculation among market observers.
With significant investment from SoftBank, OpenAI continues to draw attention from the industry and observers. The investment is expected to positively impact the value of AI coins and strengthen the company's position in artificial intelligence.
