2 links tagged with all of: openai + softbank + investment + funding + ai
Links
SoftBank is working to finalize a $22.5 billion funding deal with OpenAI by the end of the year. CEO Masayoshi Son is selling significant stakes in other companies, including Nvidia and T-Mobile, to raise the necessary funds, while also planning a public offering for its payments app, PayPay.
softbank ✓
openai ✓
funding ✓
investment ✓
ai ✓
SoftBank is negotiating to invest up to $30 billion more in OpenAI, increasing its already significant stake in the AI startup. OpenAI is looking to raise as much as $100 billion, which could value the company at around $830 billion. SoftBank currently holds an 11% share after a previous $22.5 billion investment.
softbank ✓
openai ✓
investment ✓
ai ✓
funding ✓