SoftBank to invest $500 mln in OpenAI, Information reports
Need to differentiate between SoftBank's AI strategy and the Vision Fund's investment in OpenAI: Analyst
Kirk Boodry of Astris Advisory says SoftBank's strategy around generative AI, which targets downstream companies, needs to be separated from the Vision Fund's investment in OpenAI.
SoftBank to invest $500 mln in OpenAI, The Information reports
Japanese telecom company SoftBank's Vision Fund will invest $500 million in OpenAI's latest funding round, The Information reported on Monday, citing a person familiar with the deal.
OpenAI Gets $500 Million Investment From SoftBank
SoftBank is investing $500 million into OpenAI, the artificial intelligence company behind ChatGPT, The Information reported on Monday.
SoftBank rises on possible $500 million investment in OpenAI
The planned funding round would cement OpenAI as one of the world’s most valuable startups, but it also comes at a moment of uncertainty for the high-profile AI company.
SoftBank to invest $500 million in OpenAI: Report
According to a report, Japanese investor Softbank’s Vision Fund is expected to invest $500 million in OpenAI after Apple has pulled out.
SoftBank to invest $500 million in Sam Altman's OpenAI: Report
SoftBank Vision Fund is set to invest $500 million in OpenAI, which is aiming to raise $6.5 billion. This funding round comes amid executive changes at OpenAI.
SoftBank to invest $721m in OpenAI: reports
The move is part of a funding round that would value the artificial intelligence start-up at an eye-watering $US150 billion.
Here's what OpenAI employees are saying about the company's future
Gretchen Krueger, a former policy researcher at OpenAI, said the company's nonprofit governance structure and cap on profits ...
OpenAI’s for-profit pivot is not surprising
Many Big Tech firms have begun by citing lofty missions of making the world better for everyone, only to let these ideals get ...
OpenAI’s Complex Path to Becoming a For-Profit Company
Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.
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OpenAI Launches Whisper V3 Turbo Model for Faster Transcription
OpenAI has launched  its latest Whisper model, the Whisper V3 Turbo, which significantly enhances transcription capabilities.
OpenAI's transition from nonprofit to for-profit is not unprecedented, but could cost billions
Back in 1993, Blue Cross of California converted from a nonprofit entity by transferring its assets to a for-profit ...
24/7 Wall St15h
OpenAI's Business Is Exploding - When Will We See It Go Public?
We discuss OpenAI's rapid evolution under Sam Altman, from bold AI advancements and new models to internal challenges and ...
OpenAI has 2 years to transition to a for-profit company. Here are 6 key things it will need to do in that time.
Billions of dollars hinges on OpenAI transitioning to a for-profit company in under two years. The process won't be easy.
OpenAI funding and restructuring plans renew pressure on AI’s top startup
The ChatGPT maker is raising funding that would value the company at $150 billion but also dealing with executive exits and ...
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Apple Exits OpenAI Investment Talks: What Does This Mean for AI Development?
Previously, Apple was reported to be interested in AI investment with OpenAI. However, it was said that the iPhone maker had ...
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OpenAI is Building the iPhone of AI
Altman has always been an iPhone fanboy. OpenAI’s offerings, like o1, Sora, DALL·E, and the new ChatGPT advanced voice ...