SoftBank (SFTBY) has completed its significant investment in OpenAI, finalizing a staggering $40 billion commitment, as reported by CNBC. The latest payment of approximately $22 to $22.5 billion follows an earlier direct investment of $8 billion and a $10 billion syndicated portion. This massive funding will support the OpenAI Stargate Project in collaboration with Oracle, which seeks to establish a nationwide network of AI-focused data centers in the U.S. To finance this venture, SoftBank has strategically restructured its portfolio, selling its $5.8 billion stake in Nvidia (NASDAQ: NVDA), reducing its T-Mobile investment by $4.8 billion, and streamlining its Vision Fund staffing. Additionally, SoftBank is collaborating with OpenAI to develop an AI data center in Japan, projected to launch by 2026. CEO Masayoshi Son is making bold moves to invest in AI infrastructure, underscoring SoftBank’s commitment to advancing artificial intelligence technologies.
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