SoftBank has fully funded its $40 billion investment in OpenAI: Report

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SoftBank Group has completed its $40 billion investment in ⁠OpenAI, CNBC reported on Tuesday, citing people familiar with the matter, marking one of the largest private funding rounds ever and deepening founder Masayoshi ‌Son’s bet ‌on AI.

SoftBank has been building one of the largest private technology investment ‌programs in the world, with a particular focus on artificial intelligence and related infrastructure such as data centers.

AI has become the central axis of global technology markets this year, driving a ​surge of investment by the…



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SoftBank has fully funded its $40 billion investment in OpenAI: Report



SoftBank Group has completed its $40 billion investment in ⁠OpenAI, CNBC reported on Tuesday, citing people familiar with the matter, marking one of the largest private funding rounds ever and deepening founder Masayoshi ‌Son’s bet ‌on AI.

SoftBank has been building one of the largest private technology investment ‌programs in the world, with a particular focus on artificial intelligence and related infrastructure such as data centers.

AI has become the central axis of global technology markets this year, driving a ​surge of investment by the…



Source link

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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