Home AI SoftBank Finalizes $41 Billion Investment in OpenAI, Securing an 11% Stake in...

SoftBank Finalizes $41 Billion Investment in OpenAI, Securing an 11% Stake in ChatGPT Creator

0
SoftBank CEO Masayoshi Son attends an event to pitch AI for businesses in Tokyo, Japan February 3, 2025.

SoftBank has successfully finalized its $41 billion investment in OpenAI, securing an 11% stake in the parent company of ChatGPT. This monumental funding round, one of the largest in history, underscores SoftBank’s commitment to boosting its investments in artificial intelligence (AI) and infrastructure amidst soaring demand for computing capacity supporting AI applications. The deal involved an initial investment of $7.5 billion in April 2025, followed by an additional $22.5 billion. OpenAI also benefited from an $11 billion co-investment from other partners. AI remains a dominant force in global technology markets, prompting significant investments from major corporations. SoftBank CEO Masayoshi Son expressed alignment with OpenAI’s vision of benefiting humanity through advanced AI. Following this, OpenAI CEO Sam Altman highlighted the profound impact of SoftBank’s early commitment to AI. The news comes as SoftBank partners with Oracle on the ambitious $500 billion Stargate project, enhancing AI infrastructure in the U.S.

Source link

NO COMMENTS

Exit mobile version