SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence infrastructure project.
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
Japanese multinational conglomerate, SoftBank, is said to be in advanced talks to invest as much as $25 billion in OpenAI . According to the Financial Times, the investment could be part of a larger partnership, where SoftBank would invest over $40 billion into AI initiatives with the ChatGPT creator.
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White House to announce the venture, dubbed Stargate, which they said would deploy $100 billion immediately with the goal of eventually spending $500 billion for the construction of data centers and physical campuses.
SoftBank Group Corp. is in discussions to invest as much as $25 billion in OpenAI in a move that would potentially make it the AI startup’s biggest backer, the Financial Times reported.
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a
The businessman once said the Internet of Things would be the "greatest paradigm shift in the history of humankind" and SoftBank poured billions into startup WeWork, which later went bankrupt.
SoftBank CEO Masayoshi Son called the launch of Stargate the "beginning of a golden age," aligning with Trump’s vision for the US under his leadership. Son also committed to investing $100 billion in US projects over the next four years,
SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence infrastructure project.
SoftBank Group Corp. is in talks to lead a $500 million funding round for Skild AI, a startup building robotics software, according to people familiar with the matter.