SoftBank in talks to invest up to $25 billion into OpenAI, FT reports
- SoftBank is negotiating to invest between $15 billion and $25 billion in OpenAI, which would make it the largest financial backer of the company, according to the Financial Times.
- The investment is part of a larger initiative called Stargate, announced by U.S. President Donald Trump, aiming to invest up to $500 billion in AI infrastructure in the United States.
- OpenAI is also set to invest $15 billion in the Stargate project, with SoftBank potentially spending over $40 billion in total on its partnership with OpenAI, as reported by the Financial Times.
- Elon Musk criticized the Stargate initiative, claiming that the main investors 'don’t actually have the money,' while OpenAI's founder Sam Altman called Musk's comments 'wrong.
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Total News Sources0
Leaning Left6Leaning Right8Center15Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
51% Center
L 21%
C 51%
R 28%
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