SoftBank May Invest Up To $25B Into OpenAI — Report
Softbank in talks to invest up to US$25bn in OpenAI
Softbank Group Corp is in talks to invest up to US$25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.
SoftBank to invest as much as $25B into OpenAI to become firm’s largest backer: report
SoftBank is reportedly in talks to invest as much as $25 billion into OpenAI in a deal that would make it the artificial intelligence firm’s largest backer.
A small group of seven companies, including Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla, have become so dominant that they alone contributed to more than half of the S&P 500’s
SoftBank ($SFTBF) is set to lead a $500 million investing round in artificial intelligence robotics start-up Skild AI, in a move that could value
SoftBank Group CEO Masayoshi Son is shifting his focus away from investments in China and toward the US, as seen with his involvement with President Donald Trump and the recently announced Stargate.
Shares of Japanese chip-related firms were feeling the heat on Monday. Today’s slump comes as Chinese AI startup DeepSeek gained traction with its updated AI model, raising fears about potential challenges to US technological dominance.
DeepSeek threatens to disrupt the AI sector in a similar way to how Chinese companies have already upended industries such as EVs and mining.
The partnership formed by Oracle, OpenAI and SoftBank is due to invest up to $500 billion. SoftBank's shares rose 3.7% on Thursday in Tokyo trading after jumping 11% the day before. Elsewhere in Asia, the S&P/ASX 200 in Australia fell 0.6% to 8,383.50, while the Kospi in Seoul lost 0.8% to 2,526.98.
Major tech stocks sold off this week on DeepSeek jitters, but the mood in the bond market was more forgiving Oracle Corp. on Thursday received a $7.75 billion shot of confidence from bond investors to help refinance a huge pile of old debt,
OpenAI is in talks for an investment round to raise nearly $40 billion that would value the AI startup at up to $340 billion, the Wall Street Journal reported on Thursday.
The president joined leaders from OpenAI, Oracle and SoftBank to launch the ambitious project, but questions remain about its implementation, offerings and timeline.
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
Based on my tests and published reports, DeepSeek not yet as advanced as its American counterparts, but it’s quite good
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback