Odaily Planet Daily News: Due to a special stock sale plan arranged between OpenAI and Japan's SoftBank Group, approximately 400 current and former OpenAI employees will be able to cash in millions of dollars. According to informed sources, this tender offer allows certain OpenAI employees and former employees to sell their shares to SoftBank at a price of $210 per share. This transaction allows employees to cash out a portion of their equity, as the company's valuation has doubled over the past year to $157 billion. Sources say SoftBank plans to purchase up to $1.6 billion worth of stock from eligible shareholders, who must have received restricted stock units more than two years ago to participate. Eligible OpenAI shareholders must decide whether to sell and how much by December 24. OpenAI currently has over 2,000 employees. If the deal is oversubscribed, current OpenAI employees will have priority over former employees. Each eligible current employee can cash out up to $10 million. Depending on participation, former employees may not be able to sell the full $10 million worth of equity, but according to OpenAI's regulations, they will be able to cash out at least $2 million worth of stock. Sources revealed that OpenAI stated the total amount of stock eligible for sale is $2 billion. Since SoftBank has agreed to purchase $1.6 billion, this means there could be $400 million worth of stock that goes unsold. (Fortune)