See every side of every news story
Published loading...Updated

SoftBank to invest $500 million in Sam Altman's OpenAI: Report

  • SoftBank plans to invest $500 million in OpenAI, valuing the company at $150 billion, according to a report from The Information.
  • This marks SoftBank's first investment in OpenAI, despite previously backing A.I. competitors like Mistral AI and Anthropic.
  • Masayoshi Son praised OpenAI, stating he is a “heavy user of ChatGPT” and calling CEO Sam Altman “one of the key people on Earth.
Insights by Ground AI
Does this summary seem wrong?

35 Articles

All
Left
3
Center
8
Right
1
ReutersReuters
+4 Reposted by 4 other sources
Center

SoftBank to invest $500 mln in OpenAI, The Information reports

Japanese telecom company SoftBank's Vision Fund will invest $500 million in OpenAI's latest funding round, The Information reported on Monday, citing a person familiar with the deal.

·United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 67% of the sources are Center
67% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Bloomberg broke the news in United States on Monday, September 30, 2024.
Sources are mostly out of (0)