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SoftBank To Invest $500M 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 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.
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 $500M In OpenAI — Report
The investment would be SoftBank’s first in OpenAI and comes more than a year after SoftBank founder Masayoshi Son told investors the fund would be switching back to “offense mode.'
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.
Apple, OpenAI and Funding Round
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 However, it was said that the iPhone maker had withdrawn from the negotiation.
Apple Reportedly Exits From OpenAI's $6.5 Bln Funding Round
Apple Inc. is no longer in talks to participate in an upcoming funding round for Chatbot ChatGPT maker OpenAI, which is expected to
Apple Withdraws from OpenAI’s $6.5 Billion Funding Round
Apple has pulled out of discussions to participate in OpenAI’s funding round, which is expected to raise up to $6.5 billion, just before the deal’s closure, according to a report by The Wall Street Journal.
7h
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 Insight
1h
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 ...
22h
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.
1d
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.
16h
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 ...
The Daily Campus
3h
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.
2d
on MSN
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 ...
21h
OpenAI Gets $500 Million Investment From SoftBank
SoftBank is investing $500 million into OpenAI, the artificial intelligence company behind ChatGPT, The Information reported ...
14h
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 ...
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Artificial intelligence
Elon Musk
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