SoftBank in Talks for $25 Billion Investment in OpenAI
Japanese investment group SoftBank is reportedly in discussions to invest between $15 billion and $25 billion in OpenAI, potentially making it the largest financial backer of the San Francisco-based AI startup behind ChatGPT. This claim was made by the Financial Times, stating that the deal would solidify SoftBank’s position in the burgeoning AI sector, having previously supported a funding round that valued OpenAI at $157 billion.
SoftBank, led by CEO Masayoshi Son, is already an investor in OpenAI and has partnered with Oracle to launch a major initiative called Stargate, aimed at creating AI infrastructure with an initial expenditure of $100 billion. The news follows competition from a Chinese rival, DeepSeek, which recently topped app charts and caused fluctuations in AI stocks.
OpenAI’s CEO, Sam Altman, maintained that the investment discussions are beneficial for the country, despite skepticism from other industry figures, including Elon Musk, regarding the funding’s viability. As of now, both OpenAI and SoftBank have declined to comment further on the negotiations.
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