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In 50 Words: SoftBank may invest in OpenAI after successful Arm listing

After Arm’s successful listing, SoftBank could potentially invest in OpenAI as part of plans to direct billions in capital toward AI. The latter developed ChatGPT, which SoftBank CEO Masayoshi Son avidly uses.

OpenAI CEO Sam Altman reportedly speaks “almost everyday” with Son.

Other investment possibilities include Graphcore, although the UK-based AI chipmaker denied there were any approaches from SoftBank.

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