Nobody wants OpenAI shares on the secondary market
Pivot to AI [Unofficial]
April 3, 2026
OpenAI wants to do an IPO this year! In the leadup, they’ve completed the $100 billion-ish deal they were working on. The total take is $122 billion, from Amazon, Nvidia, Softbank, and a pile of smaller investors. [Bloomberg, archive] It is, of course, not $122 billion of cash in their hands. It’s $25–30 billion and […]
Discussion in the ATmosphere