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Softbank set to invest $40 billion in OpenAI at $260 billion valuation: CNBC

  • SoftBank is close to finalizing a $40 billion primary investment in OpenAI at a $260 billion pre-money valuation, as reported by CNBC.
  • This investment would make SoftBank OpenAI’s biggest financial supporter, surpassing Microsoft, according to sources.
  • Some of the funds will support OpenAI’s involvement in Stargate, a joint project with SoftBank and Oracle, as noted by CNBC.
  • Experts predict the generative AI market could reach over $1 trillion in revenue within the next ten years.
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CNBC broke the news in United States on Friday, February 7, 2025.
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