SoftBank Plans Major Investment in OpenAI

Reported about 14 hours ago

SoftBank Group Corp. is negotiating a potential investment of up to $25 billion in OpenAI, which could establish it as the startup's largest backer. This proposed investment follows SoftBank's previous commitment of $15 billion to Project Stargate, a joint venture aimed at enhancing AI infrastructure. Despite ongoing discussions, the exact investment details remain uncertain, and market skepticism exists regarding the feasibility and impact of these plans.

Source: YAHOO

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