Reported about 12 hours ago
SoftBank has approved the final $22.5 billion installment of its $30 billion investment in OpenAI, contingent upon the AI startup completing a corporate restructuring for a potential public offering. This investment is part of a larger $41 billion financing round announced in April, with prior agreements of $10 billion and $30 billion depending on OpenAI's transition to a for-profit entity.
Source: YAHOO