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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.
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  • 58% of the sources are Center
55% Center
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