Japan's SoftBank Earmarks Up to $25 Billion for OpenAI: Report
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.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, ...
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer.
SoftBank is in talks to invest $15 billion to $25 billion in OpenAI, a deal that would see the Japanese conglomerate displace Microsoft as the ChatGPT maker's biggest investor. SoftBank stock fell 1.1 ...
This follows the announcement of Stargate, a $500 billion initiative by SoftBank, OpenAI, and Oracle aimed at keeping the U.S ...
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After getting epically roasted by the AI industry, OpenAI is seemingly refusing to reevaluate its approach, asking investors ...
In his 20s, Son founded investment group SoftBank and made colossally successful ... This included office-sharing firm WeWork, which went bankrupt, and the hospitality chain Oyo Rooms, and Son ...
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