The first days of the second Trump administration offered the newly elected president a chance to share the spotlight with some of his most important allies. While some of the featured leaders were ones you’d expect—cabinet nominees,
SoftBank would provide 75 per cent of the funding, according to a person familiar with the matter, with the remainder coming from Microsoft, Coatue Management, Altimeter Capital and Thrive Capital
Global tech investor SoftBank Group is turning to a familiar tool to fund its $40 billion investment in ChatGPT maker OpenAI announced late Monday: debt. The Tokyo-based company, led by ...
This will slam Chinese exporters, which had grown to rely on re-routing goods through Southeast Asia and were investing in factories there
SoftBank-owned chip technology provider Arm Holdings recently considered acquiring UK-based Alphawave to secure critical technology for artificial intelligence (AI) processors. According to sources familiar with the matter,
SoftBank said in a statement that it has agreed to fund OpenAI with $10 billion in mid-April & an additional $30 billion in December.
OpenAI on Monday revealed it is getting up to $40 billion in new funding. The new funds arose out of a fundraising round for the AI company in which SoftBank Group is serving as the lead investor.
OpenAI said on Monday it would raise up to $40 billion in a new funding round led by SoftBank Group 9984.T at a $300 billion valuation to advance AI research, expand computational infrastructure and enhance its tools.