OpenAI staffers are set to sell $6 billion in stock to SoftBank and other investors, marking a significant financial move for the company. This sale highlights the growing interest in AI technologies and the financial backing required to support their development and expansion.

OpenAI is increasing its secondary share sale to $10.3 billion, up from an initial target of $6 billion, allowing eligible employees to sell stock at a $500 billion valuation. The opportunity is available to staff who have held shares for over two years, with a deadline at the end of September for participation. The transaction is set to close in October, with notable investors including SoftBank and T. Rowe Price.