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OpenAI has facilitated a private stock sale with SoftBank Group, offering current and former employees the opportunity to sell their stock at $210 per share. SoftBank plans to purchase up to $1.6 billion in stock at the new $157 billion valuation, allowing current employees to sell up to $10 million worth of shares, giving preference to them over former staff if oversubscribed. The deadline for shareholders to decide on selling their shares is December 24.
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