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.
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