About 400 OpenAI employees welcome the opportunity to cash in their stocks, with up to $10 million per person

Approximately 400 current and former employees of OpenAI will receive millions of dollars in cash, thanks to a special stock sale arranged by the San Francisco company with SoftBank Group of Japan. According to informed sources, the acquisition offer allows some OpenAI employees and former employees to sell their shares to SoftBank at a price of $210 per share. Sources say that SoftBank plans to acquire up to $1.6 billion in shares from eligible OpenAI shareholders, who must have obtained restricted stocks more than two years ago in order to participate. Eligible OpenAI shareholders must make a decision before December 24th. Each participant will be allowed to sell vested stocks worth $10 million.