In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, Masayoshi Son was stewing. After declaring for years the imminent arrival of the artificial-intelligence revolution,
After getting epically roasted by the AI industry, OpenAI is seemingly refusing to reevaluate its approach, asking investors to close their eyes and give them another $40 billion anyway, pretty please.
The AI expert’s remarks come as OpenAI and other Silicon Valley giants face a reckoning following DeepSeek’s success.
SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence infrastructure project.
Japanese multinational conglomerate, SoftBank, is said to be in advanced talks to invest as much as $25 billion in OpenAI . According to the Financial Times, the investment could be part of a larger partnership, where SoftBank would invest over $40 billion into AI initiatives with the ChatGPT creator.
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.
Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity generation in Texas to support U.S. AI development.
SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer. At the same time, the two companies are also partnering on a separate massive AI infrastructure project. Here to explain what all this says about SoftBank’s AI ambitions is the FT’s Arash Massoudi. Hi, Arash.
This is a massive head start, and cultural symmetry that seemed to make American AI predestined. Open AI is backed by a US$14 billion investment from Microsoft, and has access to the cloud infrastructure that powers its Large Language Model.
SoftBank is in discussions to invest between $15 and $25 billion in OpenAI, reports The Wall Street Journal, citing anonymous sources. The deal, which has not been finalized, could make SoftBank the artificial intelligence company's biggest financial backer.