SoftBank's $1.5 billion tender offer to purchase shares from OpenAI employees coincides with price movements in AI-focused cryptocurrencies, with several tokens showing notable weekly gains despite mixed daily performance.

OpenAI is allowing its employees to sell $1.5 billion worth of stock to SoftBank.

Microsoft-backed OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, CNBC reported on Wednesday.

:ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, CNBC reported on Wednesday, citing two people familiar with the matter. The report comes after Microsoft-backed OpenAI completed a $6.6 billion funding round from inves

OpenAI on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led by SoftBank, CNBC has learned.