Sources: OpenAI bought back ~$7B in shares from current and former employees in a tender offer valuing it at $852B, unchanged from its most recent funding round (Bloomberg)

OpenAI completed a tender offer that let current and former employees sell about $7 billion of their shares. The transaction valued the company at $852 billion, the same figure from its most recent funding round. This provided liquidity to holders without altering the posted valuation.

To fund the buyback, OpenAI allocated roughly $7 billion to repurchase the shares. No additional equity was issued, so the total share count stayed the same. The company’s cash outflow is therefore on the order of the buyback amount.

The offer was limited to employees; outside investors could not take part in this round. Because the valuation was held constant, the tender offer does not reflect a new market price. Future similar transactions would depend on whether the $852 billion valuation remains acceptable to buyers and sellers.

Only one feed carried this news, so there is no cross-source corroboration. Engineers should view the reported figures as coming from a single report and treat them as preliminary. No further details about terms, timing, or participant counts are available from the supplied material.