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SoftBank commits to joint venture with OpenAI, will spend $3 billion per year on OpenAI's tech
The deal will give SoftBank and its subsidiaries access to ChatGPT Enterprise, OpenAI's API, custom models and agent products such as Operator, which it describes as "an agent that can go to the ...
Bloomberg L.P.29d
SoftBank Swings to a Loss Ahead of Big AI Bet With OpenAI
SoftBank Group Corp. tumbled to a loss in the ... It plans to create a variety of debt products for banks, insurers, pension funds and other investors to raise the money needed to build data ...
The Fast Mode17h
SoftBank Vision Fund 2 Invests $20M in OpusClip’s AI Video Editing Platform
OpusClip, a generative AI-powered video editing platform, announced a $20 million funding round by SoftBank Vision Fund 2 and ...
Reuters12d
SoftBank in talks to borrow $16 billion to fund AI, The Information reports
March 1 (Reuters) - SoftBank Group (9984.T), opens new tab CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news ...
Bloomberg L.P.8d
SoftBank-Backed Cybereason CEO Quits After Boardroom Turmoil
Cybereason Inc.’s chief has stepped down following a months-long feud with investors SoftBank Group Corp. and former US Treasury Secretary Steven Mnuchin that’s stalled decision-making at the ...