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Will AI Coins Rally As OpenAI Secures $1.5B Investment From SoftBank?

CoinGape LogoCoinGape10h ago

Will AI Coins Rally As OpenAI Secures $1.5B Investment From SoftBank? - CoinGape

Quick Summary:

Notably, the AI giant marked this feat as it allowed its employees to sell shares to SoftBank, making the Japanese multinational investment holding company a vital stakeholder in the firm.

OpenAI on Wednesday secured a whopping $1.5 billion investment leveraging a new tender offer.

However, it’s worth mentioning that employees have a deadline of December 24 to decide whether they want to partake in this tender offer.


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Article Details

Category: Crypto

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 07:48:42 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 542 words

Reading Time: 4 minutes read

Sentences: 42 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23902964

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 19 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

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Publisher ID: #59

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