SoftBank is reportedly planning to invest billions of dollars in artificial intelligence (AI), with OpenAI being one of the potential deals on the table. After the successful IPO of Arm, which generated nearly $5 billion, SoftBank’s CEO, Masayoshi Son, is looking to invest heavily in AI. Son has previously expressed his admiration for OpenAI’s CEO, Sam Altman, and has a strong relationship with the company. SoftBank’s mobile unit already works with OpenAI in offering generative AI technology services in Japan. The company is also considering partnerships with other AI firms and a potential acquisition of UK-based AI chipmaker, Graphcore.
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Softbank reportedly plans to invest in ChatGPT-maker and other AI firms
SoftBank is reportedly planning to invest billions of dollars in artificial intelligence (AI), with OpenAI being one of the potential deals on the table. After the successful IPO of Arm, which generated nearly $5 billion, SoftBank’s CEO, Masayoshi Son, is looking to invest heavily in AI. Son has previously expressed his admiration for OpenAI’s CEO, Sam Altman, and has a strong relationship with the company. SoftBank’s mobile unit already works with OpenAI in offering generative AI technology services in Japan. The company is also considering partnerships with other AI firms and a potential acquisition of UK-based AI chipmaker, Graphcore.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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