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 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 to invest $500 million in ChatGPT-maker OpenAI
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 declined to comment,
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,
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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.
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.
SoftBank rises on possible US$500 million investment in OpenAI
SoftBank’s stock rebounded, helped by the Japanese company’s possible participation in an OpenAI funding round.
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 ...
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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 Gets $500 Million Investment From SoftBank
SoftBank is investing $500 million into OpenAI, the artificial intelligence company behind ChatGPT, The Information reported ...
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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 ...
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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 ...
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 ...