OpenAI reserves $50 billion for stock grant pool, The Information reports
Jan 7 (Reuters) - OpenAI set aside an employee stock grant pool equivalent to 10% of the company last fall, which was valued at $500 billion in October, The Information reported on Wednesday, citing two people with knowledge of the plans.
Reuters could not immediately verify the report.
(Reporting by Angela Christy in Bengaluru; Editing by Sherry Jacob-Phillips)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
NFT buyers rise 120% despite sales staying flat at $61.5 million
Was Monero’s (XMR) Surge Fueled by a $282M Theft Swap? Chart Says No!
Trump’s renewed attacks on the Fed evoke 1970s inflation fears and global market backlash
Bitcoin Flashes Near-Identical Fractal Before The 2021 Bull Run Started
Trending news
MoreCrypto prices
More
