SoftBank Said to Put in $40 Billion and Overtake Microsoft as OpenAI's Biggest Investor
SoftBank is close to finalize a $40 billion primary investment in OpenAI at a $260 billion valuation, CNBC reported on Friday. The Japanese tech and telecoms giant is reported to pay out the funding over the coming 12 to 24 months, and its first payment up to $10 billion could come as soon as spring.
OpenAI is set to complete a $40 billion fund-raising deal that nearly doubles the high-profile company’s valuation from just ...
Japanese technology giant SoftBank Group and OpenAI are stepping up their partnership in artificial intelligence, setting up ...
The White House broke its days-long silence about SpaceX CEO Elon Musk on Friday, as questions swirled about whether Musk had rankled President Donald Trump when he publicly bashed Stargate, the Trump ...
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Elon Musk criticises OpenAI and SoftBank's $500 billion Stargate Project for AI infrastructure, doubting their financial capabilities. The initiative involves major tech companies like Oracle, MGX, ...
Elon Musk, CEO of Tesla and SpaceX, has expressed doubts about the financial viability of the USD 500 billion Stargate AI Project, a collaboration between OpenAI and SoftBank Group. Musk questioned ...
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