Topic: openai stake
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Sutskever Reveals $7bn OpenAI Stake in Musk Legal Battle
Ilya Sutskever testified under oath that his personal ownership stake in OpenAI is worth roughly $7 billion, making him one of the company's largest individual shareholders alongside Sam Altman. The disclosure occurred during Elon Musk's lawsuit challenging OpenAI's transition from a non-profit t...
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SoftBank seeks $10B margin loan backed by OpenAI shares
SoftBank is pursuing a $10 billion margin loan secured by its OpenAI shares, with a two-year term and an interest rate of approximately 7.88%, adding to a complex leverage structure where it borrows against unrealized gains in a private company to fund further investment in the same entity. SoftB...
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