SoftBank is reportedly negotiating to invest between $15 billion and $25 billion in OpenAI, which could make it the leading shareholder, overtaking Microsoft. This investment aligns with the recent collaboration on the Stargate project, a significant venture anticipated to amass up to $500 billion for AI infrastructure in the US. Since its inception in 2015, OpenAI has pivoted toward a profit model and aims to generate more funding through a public benefit corporation. SoftBank CEO Masayoshi Son is a strong proponent of AI technology, actively increasing investment in the sector.
SoftBank is poised to become the biggest investor in OpenAI with a potential investment of up to $25 billion, surpassing Microsoft's stake.
SoftBank's investment could cover OpenAI's financial commitment to the Stargate project, a massive $100 billion initiative aimed at building AI infrastructure.
Collection
[
|
...
]