SoftBank in Talks to Invest up to $25 Billion in OpenAI
The report highlights that SoftBank intends to directly invest $15 billion to $25 billion into OpenAI, in addition to its $15 billion commitment to Stargate. OpenAI is expected to contribute approximately $15 billion to Stargate, with SoftBank’s equity potentially covering OpenAI’s infrastructure costs.
Hosted on MSN11mon
SoftBank Finally Wipes Out $14B WeWork Losses As It Posts $6.6B Profit Riding On Tech Rebound And T-Mobile SharesIn a recent turn of events, SoftBank Group Corp (OTC:SFTBY) declared its entire investment in WeWork as a loss. This announcement comes despite SoftBank’s first profitable quarter in five.
In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, ...
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback