OpenAI is organizing a tender offer that will enable current and former employees to sell around $1.5 billion worth of shares to SoftBank Group, a Japanese company.

This move follows OpenAI's recent completion of a funding round worth $6.6 billion, which included investments from SoftBank and valued OpenAI at $157 billion.

SoftBank, which had previously invested $500 million in OpenAI, is reportedly keen to increase its stake in the AI company.

The tender offer is expected to close this week, allowing employees to sell their shares as interest from major investors continues to grow.

This development highlights OpenAI's ongoing financial momentum and its strategic partnerships in the tech industry.