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OpenAI employees offered share sale opp worth $1.5 billion

  • OpenAI is offering employees the chance to sell up to $1.5 billion worth of shares to Japan's SoftBank Group.
  • The transaction is expected to close by 24 December, aligning with OpenAI's valuation of $157 billion.
  • SoftBank, through its Vision Fund 2, aims to deepen investments in AI by acquiring OpenAI shares.
  • This move follows SoftBank's $500 million investment in OpenAI during a $6.6 billion funding round in October.

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