SoftBank has committed to spending $3 billion per year to use OpenAI’s tech, according to a joint release released on Monday.
OpenAI is in early talks to raise up to $40 billion in a massive funding round led by SoftBank that would value the artificial intelligence firm at $340 billion, according to a report. The funding ...
SoftBank Group is currently in discussions to invest up to $25 billion in OpenAI, which could position it as the AI startup's ...
SoftBank would hold a smaller stake in OpenAI’s for-profit division compared to Microsoft, due to the latter's earlier investments, the report noted Why It Matters: Last year, OpenAI’s ...
The potential investment would make SoftBank OpenAI's largest single backer, the report said, surpassing Microsoft, which first invested in the ChatGPT maker in 2019. The deal comes after both ...
SoftBank is negotiating to invest up to $25 billion in OpenAI. This move is part of a larger partnership that could result in the ...
SoftBank and OpenAI declined to comment, the FT report said. The shakeup in the AI space has spread waves across the stock market. Here’s what investors need to know. We sell different types of ...
SoftBank (SFTBY) is in discussions to invest $15B-$25B in Open AI, Deepa Seetharaman of The Wall Street Journal reports. Some of the equity investment may be used for OpenAI’s commitment to ...
SoftBank is in talks to invest up to $25 billion in OpenAI as part of a broader partnership that could see the Japanese conglomerate spend more than $40 billion on AI initiatives with the ...