OpenAI completed a $7 billion employee stock buyback ahead of its possible IPO

The deal values OpenAI at $852 billion and follows the company's confidential IPO filing with the SEC in June

In Brief Posted: 5:03 PM PDT · August 10, 2026 Image Credits:Samuel Boivin/NurPhoto / Getty Images OpenAI has bought back $7 billion worth of shares from employees at the privately held frontier AI lab as part of an effort to provide liquidity to its workforce. The deal, reported by Bloomberg, valued OpenAI at $852 bil