In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, Masayoshi Son was stewing. After declaring for years the imminent arrival of the artificial-intelligence revolution,
SoftBank reportedly is in talks to invest up to $25 billion in OpenAI and become the ChatGPT creator’s largest investor.
Two years ago, global tech investor Masayoshi Son was at a low point. The SoftBank Group CEO had missed out on the generative artificial revolution taking place, even after flooding the tech market with over $130 billion of investment into startups and other companies.
OpenAI is seeking to raise up to $40 billion in new funding at a valuation of $340 billion, the Wall Street Journal reported today.
SoftBank Group is currently in discussions to invest up to $25 billion in OpenAI, which could position it as the AI startup's largest financial backer
SoftBank is reportedly considering a historic $25 billion investment in OpenAI, which could surpass Microsoft's stake and position SoftBank as the ChatGPT maker's largest investor.
O SoftBank Group negocia para investir até US$ 25 bilhões na OpenAI, um movimento que poderia torná-lo o maior patrocinador da startup de inteligência artificial.
SoftBank Group Corp. is in discussions to invest as much as $25 billion in OpenAI in a move that would potentially make it the AI startup’s biggest backer, the Financial Times reported.
OpenAI could double its market valuation through another round of funding, valuing the AI firm at $340 billion.
The post Chinese AI DeepSeek's Rout of Tech Stocks May Benefit Mortgage Rates, if Only Slightly appeared first on Real Estate News & Insights | realtor.com®.
It could be one of the biggest private computing infrastructure projects in history — or a disaster.