SoftBank is in discussions to invest up to $25 billion in OpenAI, as per an FT report. This massive investment would possibly make it the largest financial backer of the ChatGPT maker. This investment is part of a broader collaboration between the two companies on a large-scale artificial intelligence infrastructure project.
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
SoftBank (SFTBY) is reportedly considering a massive investment of up to $25 billion in Microsoft (MSFT)-backed OpenAI, according to sources
Masayoshi Son, the Japanese tycoon helming US President Donald Trump's big new AI push, is the son of an immigrant pig farmer with a spectacular but also sketchy investment record.
“I am Masayoshi Son, and SoftBank is not a bank ... Big U.S. technology companies, including Alphabet, Meta, Microsoft, Nvidia and Amazon are set to spend more than $1 trillion in coming ...
Two of the most powerful tech leaders in the world, Microsoft CEO Satya Nadella and Tesla CEO Elon Musk, are not exactly fans of the $500 billion Stargate AI initiative announced by Trump this week.
Microsoft confirms its partnership with OpenAI remains intact despite OpenAI's new venture with Oracle and SoftBank, led by SoftBank CEO Masayoshi Son
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
SoftBank CEO Masayoshi Son speaks at a White House press conference on President Donald Trump's plan for AI infrastructure investment. MASA SON, SOFTBANK: Oh, thank you. That would be helpful. That's good.
Microsoft and OpenAI are loosening the tight bond that connects them. In future, OpenAI will be able to obtain cloud capacities for its AI from elsewhere.
The deal, if it were to go through, would make the Japanese tech investment fund the largest outside stakeholder in OpenAI, overtaking Microsoft.
SoftBank is reportedly in advanced discussions to invest up to $25 billion in OpenAI. SoftBank is in talks to invest $25 billion in OpenAI, making it the largest investor in the ChatGPT maker. If finalized,