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SoftBank in talks to invest up to $25 billion in OpenAI
Mint Hyderabad
|January 31, 2025
The deal would make SoftBank OpenAI's biggest investor, displacing Microsoft
SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.
SoftBank could invest $15 billion to $25 billion directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, the person said.
Stargate is a joint venture by Oracle, OpenAI, and SoftBank, that plans to invest up to $500 billion to help the United States stay ahead of China and other rivals in the global AI race.
Esta historia es de la edición January 31, 2025 de Mint Hyderabad.
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