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.
35 Articles
35 Articles
SoftBank to Invest $500 Million in OpenAI
SoftBank’s Vision Fund has agreed to invest $500 million in OpenAI’s latest funding round, which values the developer of ChatGPT at $150 billion before the investment, a person familiar with the deal said. The deal would represent SoftBank’s first investment in the Sam Altman-led company. ...
SoftBank to Invest $500 Million in OpenAI, the Information Reports
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SoftBank to invest $500 million in OpenAI amid $6.5 billion funding round: Report
OpenAI is reportedly in discussions to raise $6.5 billion from various investors, with a valuation of $150 billion. Thrive Capital is expected to lead the funding round, with Microsoft Corp.—OpenAI’s largest investor—also participating.
SoftBank to Invest $500M in OpenAI for the First Time—Is It Late to the Party?
SoftBank is looking to invest in OpenAI for the first time. The Japanese conglomerate helmed by billionaire Masayoshi Son has reportedly agreed to chip in $500 million via its second Vision Fund in a round that values the ChatGPT maker at a staggering $150 billion, The Information reported today (Sept. 30). The round is set to be led by Thrive Capital, which is investing $1 billion. Other participants could include Microsoft, Nvidia, Tiger Globa…
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