[ad_1] The Japanese conglomerate and the ChatGPT maker did not immediately respond to Reuters’ requests for comment [File] | Photo Credit: REUTERS SoftBank Group has completed its $40 billion investment in OpenAI, CNBC reported on Tuesday, citing people familiar with the matter. The Japanese conglomerate and the ChatGPT maker did not immediately respond to Reuters’ […]
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[ad_1] SoftBank Group is racing to close a $22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising schemes, including a sale of some investments, and could tap its undrawn margin loans borrowed against its valuable ownership in chip firm Arm Holdings, sources said. The “all-in” bet on OpenAI is among the […]
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[ad_1] In April, SoftBank said it would lead a funding round of up to $40 billion in OpenAI, developer of ChatGPT, at a valuation of $300 billion [File] | Photo Credit: REUTERS Technology investor SoftBank Group reports second quarter earnings results on Tuesday in the midst of feverish investment in artificial intelligence that has sent […]
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