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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22 Articles
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Left
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3
Right
4
Coverage Details
Total News Sources22
Leaning Left0Leaning Right4Center3Last UpdatedBias Distribution57% Right
Bias Distribution
- 57% of the sources lean Right
57% Right
C 43%
R 57%
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