Japan's SoftBank is reportedly close to becoming the biggest investor in generative artificial intelligence leader OpenAI, ...
“SoftBank has well under $10B secured. I have that on good authority.” The nonprofit is removing some of its restrictions as it aims to operate more like a startup, which it has said will req ...
SoftBank is in talks to invest up to $25 billion in OpenAI, which would make it the company’s biggest backer, CNBC has ...
SoftBank Group is in talks to lead a funding round of up to $40 billion in artificial intelligence developer OpenAI at a ...
Microsoft has contributed about $13 billion, and SoftBank got its slice of the AI cake by spending $2 billion. Meanwhile, Sam Altman continues working to transition OpenAI into a fully for-profit ...
If SoftBank proceeds, it stands to become the largest investor in OpenAI, ahead of Microsoft Corp. (MSFT), which would still have a bigger stake in the company's for-profit division due to its ...
SoftBank is in talks to invest as much as $25bn ... OpenAI’s board is also in the midst of complex negotiations to become a for-profit company, in a switch designed to allow OpenAI to raise ...
SoftBank is in talks to invest up to $25 billion ... is moving toward a for-profit structure. Founded in 2015 as a nonprofit, OpenAI is creating a public benefit corporation to oversee commercial ...