Masayoshi Son is the CEO and founder of tech and telecommunications ... and others would invest in the fund, as well as Microsoft for the first time, BI previously reported. Although Saudi ...
SoftBank is in discussions to invest up to $25 billion in OpenAI, as per an FT report. This massive investment would possibly make it the largest financial backer of the ChatGPT maker. This investment is part of a broader collaboration between the two companies on a large-scale artificial intelligence infrastructure project.
SoftBank (SFTBY) is reportedly considering a massive investment of up to $25 billion in Microsoft (MSFT)-backed OpenAI, according to sources
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Two of the most powerful tech leaders in the world, Microsoft CEO Satya Nadella and Tesla CEO Elon Musk, are not exactly fans of the $500 billion Stargate AI initiative announced by Trump this week.
Masayoshi Son, the Japanese tycoon helming US President Donald Trump's big new AI push, is the son of an immigrant pig farmer with a spectacular but also sketchy investment record.
SoftBank CEO Masayoshi Son speaks at a White House press conference on President Donald Trump's plan for AI infrastructure investment. MASA SON, SOFTBANK: Oh, thank you. That would be helpful. That's good.
Microsoft and OpenAI are loosening the tight bond that connects them. In future, OpenAI will be able to obtain cloud capacities for its AI from elsewhere.
The deal, if it were to go through, would make the Japanese tech investment fund the largest outside stakeholder in OpenAI, overtaking Microsoft.
According to a statement from OpenAI, “Arm, Microsoft, NVIDIA, Oracle, and OpenAI” are the initial tech partners, with a buildout “currently underway” starting in Texas as other sites across the country are evaluated. It also says that “Oracle, NVIDIA, and OpenAI will closely collaborate to build and operate this computing system.”
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.