SoftBank has committed to spending $3 billion per year to use OpenAI’s tech, according to a joint release released on Monday.
OpenAI could double its market valuation through another round of funding, valuing the AI firm at $340 billion.
OpenAI is reportedly in talks to raise $40 billion through another round of funding, pushing its market capitalization to ...
Reports began circulating this week that SoftBank is in talks to invest as much as $25 billion into OpenAI, a move that would ...
SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after ...
Japanese investment conglomerate SoftBank (SFTBY) intends to invest up to $40 billion in OpenAI, leaving another initial backer, Microsoft ...
The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.
SoftBank Group is in talks to lead a funding round of up to $40 billion in artificial intelligence developer OpenAI at a ...
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the ...
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.