Overview
- Current and former staff sold roughly $6.6 billion in shares, with approval to sell up to $10 billion, according to reporting based on Reuters sources.
- Buyers included SoftBank, Thrive Capital, Dragoneer Investment Group, T. Rowe Price and Abu Dhabi’s MGX.
- The transaction was a secondary sale that provided liquidity to employees and did not involve issuing new shares.
- OpenAI’s business rests on paid subscriptions, API licensing and its Microsoft tie-up for Copilot and Azure, which has accelerated enterprise adoption.
- The Information reports about $4.3 billion in revenue for the first half of 2025, while some estimates project more than $20 billion in annualized revenue this year, alongside cautions about high compute costs, energy demands and regulatory scrutiny.