SoftBank to invest $500 million in OpenAI
SoftBank to invest $500 million in OpenAI
CNBC's Becky Quick reports on the latest news.
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.
SoftBank’s Masa Son Nears His Next Big Bet: OpenAI
The Japanese tech billionaire is poised to back the start-up, as part of his pledge to go on offense when it comes to investing in artificial intelligence.
SoftBank to invest $500mn in OpenAI
Masayoshi Son’s SoftBank will invest $500mn into OpenAI as part of a fundraising round that is expected to close this week and value the artificial intelligence start-up at $150bn. SoftBank will invest via its second Vision Fund,
SoftBank rises on possible $500 million investment in OpenAI
SoftBank Group Corp.'s stock rebounded, helped by the Japanese company's possible participation in an OpenAI funding round that may better position Masayoshi Son in a race over artificial intelligence.
SoftBank could invest $500 million in OpenAI, new report says
SoftBank is making a significant $500 million investment in OpenAI, highlighting the growing significance of artificial intelligence in technology. OpenAI is currently raising $6.5 billion through convertible notes,
SoftBank expected to invest $500M in OpenAI as Apple exits funding round
That’s up from the $86 billion OpenAI was reportedly worth following a tender offer earlier this year. Rumors that the artificial intelligence provider is raising new capital have been swirling for months.
Apple, OpenAI and Funding Round
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.
OpenAI eyes path to 'for-profit' status as more executives flee
The tension between creating technology for humanity's sake and collecting a profit is coming to a head for the creator of ...
Analytics Insight1h
Elon Musk vs. Sam Altman: The Ethics of OpenAI’s Shift to For-Profit
The move of OpenAI from non-profit to for-profit has stoked much controversy. This debate largely took place between two key ...
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 ...
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.
The Daily Campus3h
OpenAI’s restructuring plot raises red flags
Since the launch of ChatGPT in late 2022, OpenAI has become a household name in the Artificial Intelligence space, valued at over $80 billion earlier this year.
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 ...
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 ...
OpenAI Gets $500 Million Investment From SoftBank
SoftBank is investing $500 million into OpenAI, the artificial intelligence company behind ChatGPT, The Information reported ...
Here's what OpenAI employees are saying about the company's future
OpenAI's chief technology officer, Mira Murati, and top researchers, Barret Zoph and Bob McGrew, announced their resignations ...