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SoftBank
AI
SoftBank Finalizes $41 Billion Investment in OpenAI, Securing an 11% Stake in ChatGPT Creator
SoftBank has successfully finalized its $41 billion investment in OpenAI, securing an 11% stake in the parent company of ChatGPT. This monumental funding round,...
AI
OpenAI Achieves Historic $280 Billion Financing Milestone
SoftBank has finalized a substantial $22.5 billion investment in OpenAI, boosting its ownership to 11%. This transaction, completed in the U.S., brings SoftBank’s total...
AI
SoftBank Boosts Investment in OpenAI to $23 Billion, Securing 11% Stake
SoftBank Group has finalized a significant $22.5 billion investment in OpenAI, increasing its stake to approximately 11%. This strategic move positions SoftBank to strengthen...
AI
SoftBank Concludes $40 Billion Investment in OpenAI
SoftBank (SFTBY) has completed its significant investment in OpenAI, finalizing a staggering $40 billion commitment, as reported by CNBC. The latest payment of approximately...
AI
65 Instances Leading to an $830 Billion Valuation
OpenAI is making headlines with its ambitious plan to raise $100 billion, potentially boosting its valuation to $830 billion by 2025, a dramatic increase...
AI
SoftBank Focuses Exclusively on Supporting OpenAI, Shuns Competing Investments, Says CFO
SoftBank Group CFO Yoshimitsu Goto stressed the company's commitment to backing OpenAI in a recent Nikkei interview, despite increasing competition from tech giants like...
AI
OpenAI CEO Sam Altman Reflects on ChatGPT’s Pivotal Moment: ‘We May Never Experience That Kind of Luck Again’
OpenAI CEO Sam Altman discussed the company's groundbreaking discovery of scaling laws for language models in a recent podcast with Andreessen Horowitz (a16z). He...
AI
OpenAI’s Future Hinges on a Landscape of High-Stakes Loans
OpenAI's rapid ascent in the AI industry has led its partners to amass over $100 billion in loans, with notable contributions from companies like...