Is AI Stock Arm Holdings Going to $160? 1 Wall Street Analyst Thinks So.
Is Arm Holdings Stock a Buy Now?
Arm Holdings Options Spot-On: On November 27th, 65,773 Contracts Were Traded, With 810.73K Open Interest
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SoftBank Eyes Investing $1.5B in OpenAI Through New Tender Offer - Report
OpenAI allows employees to sell stocks worth 1.5 billion dollars to SoftBank.
OpenAI allows employees to sell stocks worth approximately 1.5 billion dollars to SoftBank. Two informed sources stated that the new financing would enable the Japanese technology group to acquire a larger shareholding in this ai startup, and allow current and former OpenAI employees to cash out their shares. One of the sources mentioned that employees will decide whether to participate in the new acquisition offer before December 24. Sources revealed that this trade was pushed by SoftBank's billionaire founder and CEO Masayoshi Son. After investing 0.5 billion dollars in the previous round of financing for OpenAI, Masayoshi Son has consistently demanded an increase in shareholding in the startup.
