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SoftBank said to invest $25b in OpenAI
SoftBank Group Corp., based in Japan, is reportedly in discussions to invest as much as US$25 billion in OpenAI, according to the Financial Times.
If this investment is confirmed, SoftBank would become the largest backer of the AI company.
SoftBank’s direct investment in OpenAI may range from US$15 billion to US$25 billion, in addition to its existing US$15 billion commitment to Project Stargate.
Recent SoftBank developments
| Timeline |
|---|
29-Jan-2025 🤖 SoftBank may lead $500m round for Skild AI
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22-Jan-2025 💡 SoftBank shares rise on $100b AI deal with OpenAI, Oracle
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27-Nov-2024 💰 SoftBank plans $1.5b OpenAI investment through tender offer
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14-Nov-2024 📈 SoftBank posts $6.4b profit, first in three years
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12-Nov-2024 🔄 SoftBank Vision Fund co-CEO Rajeev Misra to leave company
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| 12-Nov-2024 📈 SoftBank sees Vision Fund rebound with $3.96b gains |
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