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OPENAI SECONDARY SALE
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
OpenAI let employees cash out up to $30 million each in share sale last year: ReportOpenAI employees, both current and former, collectively sold $6.6 billion in shares during a secondary transaction in October 2025. This sa...
Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...
Anthropic’s revenue run rate crosses $30 billion, secures Broadcom dealAnthropic, led by Dario Amodei, said its revenue run rate has now topped $30 billion, up from $9 billion at the end of 2025, and confirmed ...
Elon Musk's SpaceX confidentially files for mega IPOSpaceX, led by Elon Musk, has filed for a US initial public offering. This move could lead to the largest stock market listing ever. The co...
OpenAI taps JioStar exec; Jio's pre-IPO movesJioStar top executive Kiran Mani has resigned from his role and will join OpenAI to lead its Asia Pacific operations. This and more in toda...
Anthropic kicks off share sale for staffers of up to $6 billionAnthropic is offering some current and former employees the ability to sell shares in the company at a valuation of about $350 billion, acc...
SoftBank has fully funded its $40 billion investment in OpenAI: ReportSoftBank Group has fully funded its $40 billion investment in OpenAI. In early 2025, SoftBank agreed to lead a funding round of up to $40 ...
SpaceX tells investors it is targeting late 2026 IPO, the Information reportsSpaceX is planning a major step towards going public. The rocket company aims for an initial public offering in the latter half of next yea...
OpenAI, Sur Energy weigh $25 billion Argentina data center projectOpenAI and Sur Energy are set to build a massive data center in Argentina. This project, valued up to $25 billion, will support advanced ar...
OpenAI bans suspected China-linked accounts for seeking surveillance proposalsIn its latest public threat report, OpenAI said some individuals had asked its chatbot to outline social media "listening" tools and other ...
DevDay 2025: OpenAI launches apps inside ChatGPTThe number of developers using OpenAI’s tools has also doubled to 4 million, and API usage has increased from 300 million tokens per minute...
OpenAI valuation: Sam Altman-led AI company worth $500 billionOpenAI share sale: ChatGPT-maker is now valued at $500 billion, after current and former employees sold roughly $6.6 billion worth of its s...
ChatGPT maker OpenAI to become whopping $500 billion company? Details hereOpenAI has seen its valuation repeatedly jump higher, from $157 billion in October to $300 billion in March. That month, the company reache...
OpenAI staff looking to sell $6 billion in stock to SoftBank, others: SourceCurrent and former OpenAI employees are reportedly looking to sell nearly $6 billion in shares, potentially valuing the company at $500 bil...
OpenAI in talks to sell employee shares at $500 billion valuation: BloombergAccording to a report by Bloomberg News on Tuesday, ChatGPT creator OpenAI is in the early stages of discussions regarding a potential seco...
Databricks closes in on $55 billion valuation after latest fundraiseMost of the new funding would be in the form of a secondary share sale, where early investors and employees are allowed to cash out some of...
In OpenAI-Sam Altman conflict, Microsoft emerges as big winnerMicrosoft's shares rose about 1.5%, with the company on track to add nearly $30 billion to its market value at current levels. That was nea...
Microsoft emerges as clear winner from OpenAI turmoil with Altman on boardMicrosoft's shares rose as much as 2% to a record high before paring some of the gains. The company was on track to add nearly $30 billion ...
ChatGPT parent OpenAI mulling share sale to existing investors at $90 billion valuationIf finalised, the deal would be the second major secondary share sale by the high-profile San Francisco-based startup, marking a meteoric r...