SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.
SoftBank Group Corp. is in discussions to invest as much as $25 billion in OpenAI, a move that would potentially make it the AI startup’s biggest backer.
SoftBank Group, led by Masayoshi Son, is in discussions to invest up to $40 billion in OpenAI, valuing it at $300 billion. This follows a shift in AI dynamics with DeepSeek overtaking ChatGPT in US App Store rankings,
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
SoftBank is in talks to invest in OpenAI, potentially deepening the relationship between the two companies that are already planning an artificial-intelligence infrastructure initiative.
Japanese tech giant SoftBank Group Corp. is considering investing up to $25 billion in OpenAI, the developer of the widely used artificial intelligence chatbot ChatGPT, the Financial Times reported Thursday.
SoftBank (SFTBY) is reportedly considering a massive investment of up to $25 billion in Microsoft (MSFT)-backed OpenAI, according to sources
SoftBank (SFTBY) is in discussions to invest $15B-$25B in Open AI, Deepa Seetharaman of The Wall Street Journal reports. Some of the equity
Nissan Motor Co. announces job cuts in the U.S., reducing workforce by 2,000 jobs and production at plants in Tennessee and Mississippi by 25%.
Asian shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in Septe