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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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.
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