SoftBank Eyes Additional $30 Billion Investment in OpenAI

Japan’s SoftBank Group Corp is in discussions to make a fresh investment of up to $30 billion in OpenAI, strengthening its aggressive push into artificial intelligence, as reported by Reuters report.  

The move could form part of a massive funding round that may raise as much as $100 billion, potentially valuing the ChatGPT-maker at around $830 billion. 

Key Development 

According to report, the proposed funding round would significantly boost OpenAI’s capital base at a time when training and operating advanced AI models are becoming increasingly expensive.  

The fresh infusion would come after SoftBank’s $41 billion investment completed in December, which secured an 11% stake in OpenAI. This underscores SoftBank founder Masayoshi Son’s “all-in” strategy to secure a dominant position in the global AI race.  

Major Insights 

The additional $30 billion investment could be part of a broader funding plan that may reach up to $100 billion. OpenAI is facing rising operational costs as competition intensifies from rivals such as Google, further increasing the need for capital. 

Read More: SoftBank Trims 2.15% Stake in Ola Electric Via Open Market! 

Conclusion 

If completed, the deal would rank among the largest funding rounds ever, reinforcing SoftBank’s deepening commitment to artificial intelligence and strengthening OpenAI’s financial position in an increasingly competitive global market. 

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