SoftBank in talks to invest up to $25 billion into OpenAI, FT reports

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SoftBank in talks to invest up to $25 billion into OpenAI, FT reports

SoftBank is reportedly in discussions to invest between $15 billion and $25 billion in OpenAI, the company behind ChatGPT. This investment is part of a broader strategy to enhance its presence in the artificial intelligence sector. The funds may also support OpenAI's commitments to the Stargate project, a joint venture aimed at bolstering U.S. competitiveness in AI against China.

The Stargate initiative, which includes Oracle and OpenAI, plans to invest up to $500 billion in AI development. Despite initial excitement that boosted SoftBank's share price, recent market disruptions caused by a Chinese startup, DeepSeek, have led to a decline in SoftBank's stock. OpenAI's valuation has reached $157 billion, highlighting its significant role in the AI landscape.

• SoftBank plans a significant investment in OpenAI to enhance AI capabilities.

• Stargate project aims to secure U.S. leadership in the global AI race.

Key AI Terms Mentioned in this Article

Artificial Intelligence

Artificial intelligence refers to the simulation of human intelligence in machines, which is central to OpenAI's mission.

Joint Venture

A joint venture is a business arrangement where two or more parties collaborate, exemplified by the Stargate project involving SoftBank, OpenAI, and Oracle.

Valuation

Valuation is the process of determining the current worth of a company, with OpenAI valued at $157 billion in its last funding round.

Companies Mentioned in this Article

SoftBank

SoftBank is a Japanese conglomerate actively investing in AI technologies, including a significant stake in OpenAI.

OpenAI

OpenAI is a leading AI research organization known for developing advanced AI models like ChatGPT, attracting major investments.

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