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SoftBank in talks to invest as much as $25B in OpenAI, report says
Japan's SoftBank Earmarks Up to $25 Billion for OpenAI: Report
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.
SoftBank may surpass Microsoft as OpenAI’s biggest investor with multi-billion dollar deal: report
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.
The AI expert’s remarks come as OpenAI and other Silicon Valley giants face a reckoning following DeepSeek’s success.
Silicon Valley’s initial advantage in LLMs evaporated quickly despite export controls, writes AI expert Gary Marcus.
Davos | San Francisco | SoftBank is in talks to invest as much as $US25 billion ($40 billion) into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence infrastructure project.
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.
8don MSN
Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity generation in Texas to support U.S. AI development.
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
“This will be the most important project of this era,” said Altman, CEO of OpenAI. Ellison noted that ... in the troubled office-sharing company WeWork. While Trump has seized on similar ...
who's backed ventures such as Uber and WeWork. The Stargate Project will be a new company and with OpenAI and SoftBank as "lead partners," according to an announcement from OpenAI. SoftBank ...
The report highlights that SoftBank intends to directly invest $15 billion to $25 billion into OpenAI, in addition to its $15 billion commitment to Stargate. OpenAI is expected to contribute approximately $15 billion to Stargate, with SoftBank’s equity potentially covering OpenAI’s infrastructure costs.
This follows the announcement of Stargate, a $500 billion initiative by SoftBank, OpenAI, and Oracle aimed at keeping the U.S. ahead in the global AI race.
Sorry, OpenAI (and Google and Meta and…). A recently released AI model called DeepSeek from a China-based startup is currently wreaking havoc on the tech space in ...
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