SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer. At the same time, the two companies are also partnering on a separate massive AI infrastructure project. Here to explain what all this says about SoftBank’s AI ambitions is the FT’s Arash Massoudi. Hi, Arash.
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SoftBank in talks to invest as much as $25 billion in OpenAI
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SoftBank in talks to invest up to $25 billion into OpenAI, says source
Softbank in talks to invest up to US$25bn in OpenAI
Softbank Group Corp is in talks to invest up to US$25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.
SoftBank is reportedly considering a historic $25 billion investment in OpenAI, which could surpass Microsoft's stake and position SoftBank as the ChatGPT maker's largest investor.
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Trump speaks with Apple CEO Tim Cook, teases US investmentPresident-elect Trump told the nation Sunday that Apple under CEO Tim Cook may soon make an investment in the U.S., backing his promise to put America first.
OpenAI, SoftBank Group, Abu Dhabi, and Oracle are among the players in a joint venture meant to pour hundreds of billions more into AI data center funding.
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
SoftBank is in talks to invest up to $25 billion in OpenAI, which would make it the company’s biggest backer, CNBC has confirmed.
The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.
Cipher Mining secured a $50 million private investment in a public-equity deal from SoftBank Group. The company, which develops and operates industrial-scale data centers for bitcoin mining and HPC hosting, said the investment will support its HPC data center development business. Shares climb 21%, to $5.69, in postmarket trading.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
Just about a week after the White House announced its new AI Stargate Project, two of the venture's biggest names may become even closer partners. SoftBank reportedly is looking to invest between $15 billion and $25 billion into OpenAI,
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