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Morning Edition · Tuesday, June 16, 2026Published at 6:44 AM EDT · New York
OpenAI and Anthropic Staff Have Sold About $14 Billion in Secondary Shares
Tender offers are letting employees realize cash without an initial public offering, though Anthropic's most recent sale drew fewer sellers than investors wanted.
Current and former employees of OpenAI and Anthropic have collectively sold roughly 14 billion dollars of equity through tender offers, according to The Information, as relayed in Russian-language coverage. The structure lets employees sell…
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