OpenAI is preparing to let current and former employees sell as much as $8 billion of stock to outside investors, The Information reported. The secondary tender would exceed an earlier $6 billion target and provide liquidity without issuing new shares or altering the start-up’s capital structure. If completed, the deal would rank among the largest employee share sales in Silicon Valley history, underscoring investor appetite for generative-AI assets even as public markets remain volatile. The offer would give staff an opportunity to monetise holdings after a period of rapid growth at the ChatGPT creator. The move comes as OpenAI continues complex talks with strategic backer Microsoft over the company’s governance. The Financial Times said those negotiations could delay a planned restructuring into 2026; failure to finalise an agreement next year would allow SoftBank to withhold a pledged $10 billion investment. The parallel processes highlight the competing pressures on one of the sector’s most closely watched private companies.